Lianchuang Optoelectronics: intends to repurchase shares for 100 million to 150 million yuan

A Golden Ten Data report on January 23 stated that Lianchuang Optoelectronics announced its intention to repurchase shares with funds of no less than 100 million yuan and no more than 150 million yuan, with a repurchase price not exceeding 70 yuan per share. The repurchased shares will be used for cancellation and reduction of the company’s registered capital, and the source of funds will be the company’s own funds or self-raised funds. The repurchase period is within 12 months from the date of approval by the shareholders’ meeting. The company’s controlling shareholder, actual controller, concerted action person, directors, supervisors, and senior management personnel have no plan to reduce their holdings in the next 3 or 6 months.