Changes in Hong Kong stocks | Lanqi Technology (06809) rose more than 4% in early trading and plans to buy back 300 million yuan to 600 million yuan of A-shares through centralized bidding

The Zhitong Finance App learned that Lanqi Technology (06809) rose more than 4% in early trading. As of press release, it had risen 4.55% to HK$326, with a turnover of HK$184 million.

According to the news, on July 24, according to an announcement issued on Lanqi Technology's official website, the company plans to repurchase A-shares through centralized bidding transactions, with a repurchase amount not less than 300 million yuan (inclusive) and no more than 600 million yuan (inclusive). The repurchase price is no more than 332.90 yuan/share (inclusive). The repurchase period is within 3 months from the date of review and approval by the board of directors. The repurchase funds come from the company's own funds, and the shares are used to protect the company's value and shareholders' rights.