Zhongrong Group (301223.SZ) plans to repurchase company shares worth 40 to 80 million yuan.

News from the Securities Times APP, Zhongrong Co., Ltd. (301223.SZ) announced that the company plans to use its own funds to repurchase a portion of the company's issued shares through centralized bidding, and will use the repurchased shares for equity incentive plans or employee stock ownership plans at a suitable future time. The total amount of funds for repurchasing shares shall not be less than 40 million yuan (inclusive), and not more than 80 million yuan (inclusive). The repurchase price of shares shall not exceed 26.83 yuan per share (inclusive).