Jiu Li Special Materials: Plans to Repurchase Company Shares for 150 Million to 200 Million Yuan

People’s Financial News, March 24 — Jiuli Special Materials (002318) announced on March 24 that it plans to repurchase 150 million to 200 million yuan worth of company shares for implementing employee stock ownership plans, equity incentives, or converting future issued convertible corporate bonds into stock. The repurchase price will not exceed 50 yuan per share.

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