Darbond Technology (688035.SH) plans to repurchase company shares for an amount between 40 million to 80 million yuan.

Darbond Technology (688035.SH) announced that the company intends to repurchase a portion of its issued ordinary shares (A shares) through the Shanghai Stock Exchange trading system in a centralized competitive trading manner. The total amount of funds for the repurchase shall not be less than RMB 40 million (inclusive) and not more than RMB 80 million (inclusive). The repurchase price of the shares shall not exceed RMB 63.52 per share (inclusive).