Jinfeng Technology: Plans to buy back shares worth 300 million to 500 million yuan.

date
20/05/2025
Jin Feng Technology Announcement: The company plans to repurchase shares with a total amount of 3 billion to 5 billion yuan, with the funds coming from its own capital. The repurchase price will not exceed 13.28 yuan per share. The repurchased shares will be cancelled and the company's registered capital will be reduced. Based on the maximum repurchase amount of 5 billion yuan and the maximum repurchase price of 13.28 yuan per share, it is estimated that the total number of repurchased shares will be 37.6506 million shares, accounting for approximately 0.89% of the company's current total share capital. Based on the minimum repurchase amount of 3 billion yuan and the maximum repurchase price of 13.28 yuan per share, it is estimated that the total number of repurchased shares will be 22.5904 million shares, accounting for approximately 0.53% of the company's current total share capital. The actual number of shares repurchased and the proportion of total share capital will be based on the actual number of shares repurchased at the end of the repurchase period.