Wangsu Science & Technology Plans to Buy Back Shares Worth 300 Million to 600 Million Yuan for Cancellation

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Wangsu Science & Technology announced that the company plans to use its own or self-raised funds to repurchase shares through centralized bidding, with a total amount of no less than 300 million yuan and no more than 600 million yuan, at a repurchase price not exceeding 21.17 yuan per share. The repurchased shares will all be used for cancellation and to reduce registered capital, with the implementation period within 12 months from the date of approval by the shareholders' meeting.

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Wangsu Science Tech
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Company announces share buyback for cancellation, which typically signals confidence and supports stock price.

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