Jianghuai Automobile (600418.SH) plans to repurchase company shares worth 50 million to 100 million yuan.

The Zhitong Finance and Economics APP reports that Jianghuai Automobile (600418.SH) has announced that the company plans to repurchase shares using its own funds. The repurchased shares will be cancelled and the company's registered capital will be reduced. The amount of the share repurchase shall not be less than RMB 50 million (inclusive) and not exceeding RMB 100 million (inclusive), and the repurchase price of the shares shall not exceed RMB 64 per share (inclusive).