Shenzhen Senior Technology Material (300568.SZ) plans to repurchase company shares worth 100 million to 200 million yuan.

Shenzhen Senior Technology Material (300568.SZ) announced that the company plans to use its own funds and special loan funds for stock repurchases to repurchase part of the company's RMB ordinary A shares through centralized bidding trading. Taking into account the company's financial status, operating conditions, and future profit potential, the total amount of funds for this repurchase is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive), with a repurchase price not exceeding RMB 14 per share. The implementation period for the repurchase of shares is within 3 months from the date when the board of directors approves the stock repurchase plan.