On November 25, 2024, the company announced that its Board of Directors will consider a share repurchase program. Under the program the company may repurchase up to CNY 50 million worth of its own shares. The purpose of the program will be to use the repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future, or to convert corporate bonds issued by listed companies that are convertible into shares.
The program will be funded from company's own funds. The program will be valid for 6 months from the Board of Directors' approval.
