Jade Bird Integrated Technologies (002960.SZ) plans to repurchase 2.5%-5% of the company's shares.

Jade Bird Integrated Technologies (002960.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase company shares through centralized bidding, and will use the repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future. The proposed repurchase price shall not exceed RMB12 per share. The number of shares to be repurchased shall be no less than 2.5% of the company's total share capital, i.e., 26.3434 million shares; and no more than 5% of the company's total share capital, i.e., 52.6867 million shares.