Canray Technology: Chairman Luo Liqiang proposed to repurchase company shares for 16-32 million yuan.

Canray Technology announced that Chairman Luo Liqun proposed to repurchase company shares for an amount ranging from 16 million to 32 million RMB, at a price not exceeding 150% of the average trading price of the company's stock in the 30 trading days before the resolution to repurchase shares was passed by the board of directors.