Jingwang Electronics (03228) plans to repurchase A-shares worth RMB 50 million to RMB 100 million.

Zhitong Finance APP News, Kinwong (03228) announced that, after comprehensively considering factors such as the company's operating conditions, business development prospects, financial condition, and future profitability, the company intends to use its own funds or self-raised funds to repurchase some of the company's RMB ordinary shares (A shares) already issued domestically through centralized bidding transactions, for the implementation of an employee stock ownership plan or equity incentive. The total proposed repurchase amount is RMB 50 million to RMB 100 million, and the repurchase price shall not exceed RMB 150.70 per share (inclusive).