Diao Wei: Plans to repurchase company shares for 30 million to 60 million yuan.
DIAOWEI announced that it plans to repurchase company shares for no less than 30 million yuan and no more than 60 million yuan, with a repurchase price not exceeding 50 yuan per share. The repurchased shares are intended for equity incentives/employee stock ownership plans. The funding for this repurchase will come from the excess funds raised during the company's initial public offering of common stock, and the repurchase period will be within 12 months from the date of approval by the board of directors.
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