Jinchen Corp (603396.SH) plans to repurchase shares for RMB 50 million to RMB 100 million.

Zhitong Finance APP News, Jinchen Corp (603396.SH) announced that the company plans to repurchase shares for an amount between RMB 50 million and RMB 100 million, with a repurchase price not exceeding RMB 47.31 per share. The repurchased shares will be used for an employee stock ownership plan or equity incentive.