Meng Lily (603313.SH) plans to repurchase shares worth 85 million to 170 million yuan.

Zhtng Cijng APP News, Mengbaihe (603313.SH) disclosed a share repurchase plan, with the amount of share repurchase this time not less than RMB 85 million (inclusive), not more than RMB 170 million (inclusive), and the repurchase price not exceeding RMB 10.90 per share (inclusive). The share repurchase this time will be used for employee stock ownership plans or equity incentives.