Qiangrui Technology Plans to Repurchase Shares Worth 80 Million to 120 Million Yuan

36Kr reports that Qiangrui Technology announced its board of directors has approved a share repurchase plan. The company intends to repurchase certain A-share shares via centralized bidding using its own funds and/or raised funds, with a total amount not less than 80 million yuan and not exceeding 120 million yuan, at a price not exceeding 148.58 yuan per share. Half of the repurchased shares will be used for equity incentives or employee stock ownership plans, while the other half will be used to maintain company value and shareholder rights.