Sinoma Science & Technology (002080.SZ) plans to repurchase company shares for RMB 200 million to RMB 250 million.

Zhitong Finance APP news, Sinoma Science & Technology (002080.SZ) announced that the company is currently planning a share repurchase matter, with total planned repurchase funds of no less than RMB 200 million (inclusive) and no more than RMB 250 million (inclusive). The purpose of the proposed repurchased shares is as necessary to safeguard the company's value and shareholders' equity. All repurchased shares shall be cancelled and the registered capital reduced within 3 years after the completion of the repurchase implementation.