Contemporary Amperex Technology (300750.SZ) plans to repurchase shares worth 4 billion to 8 billion yuan.

Contemporary Amperex Technology (300750.SZ) announced that the company intends to use its own funds or self-raised funds to repurchase a portion of the company's RMB ordinary shares A shares through centralized competitive bidding trading. The total amount of the repurchase funds is planned to be no less than RMB 4 billion (inclusive) and no more than RMB 8 billion (inclusive) of its own or self-raised funds, with a repurchase price ceiling of RMB 392.32 per share. The repurchased shares will be used for implementing equity incentive plans or employee stock ownership plans.