Nanji E-Commerce announced plans to repurchase shares through centralized competitive trading, with a total buyback amount of no less than 100 million yuan and no more than 200 million yuan, and a maximum repurchase price of 4.29 yuan per share. The company expects to buy back between 23.31 million and 46.62 million shares, accounting for approximately 0.95% to 1.90% of total share capital. The repurchase period is within 12 months from the date the board of directors approves the plan, and the repurchased shares will be used for employee stock ownership plans or equity incentives.
NanJi ECommerce Co LtdCompany announces share buyback plan of 100-200 million yuan, signaling confidence and supporting stock price.