Jinghua New Materials (603683.SH) plans to repurchase shares worth 50 million to 100 million yuan.

Wisdom Financial News APP news, Jinghua New Material (603683.SH) announced that the company plans to repurchase shares in the amount of 50 million to 100 million yuan, and the repurchase price of shares shall not exceed 45.98 yuan/share. The purpose of repurchasing shares is to maintain the company's value and shareholders' equity. The repurchased shares will be used for sale in accordance with relevant regulations, and any part that is not sold within the prescribed period will be cancelled in accordance with the law.