Tianyu Corporation (Stock Code: 300702.SZ) plans to repurchase company shares worth 80 million to 130 million yuan.

Tianyu Co., Ltd. (300702.SZ) announced that the company plans to use its own funds to repurchase some of the company's shares held by the public through centralized bidding trading, for the implementation of an employee stock ownership plan or equity incentive plan. The total amount of the repurchase funds shall be not less than RMB 80 million and not more than RMB 130 million (including the principal). The repurchase price shall not exceed RMB 30.18 per share (inclusive).