Yangfan New Materials announced that it plans to repurchase the company's shares for no less than 30 million yuan and no more than 60 million yuan. The repurchase price will not exceed 12 yuan/share. The repurchase shares will be used for equity incentives or employee stock ownership plans. Based on the maximum repurchase price, the estimated number of shares to be repurchased is 2.5 million to 5 million shares, accounting for 1.06% to 2.13% of the company's current total share capital of 235 million shares. The source of repurchase funds is the company's own funds and/or self-financing, and the implementation period is 12 months from the date of review and approval by the board of directors.

Yangfan New Materials announced that it plans to repurchase the company's shares for no less than 30 million yuan and no more than 60 million yuan. The repurchase price will not exceed 12 yuan/share. The repurchase shares will be used for equity incentives or employee stock ownership plans. Based on the maximum repurchase price, the estimated number of shares to be repurchased is 2.5 million to 5 million shares, accounting for 1.06% to 2.13% of the company's current total share capital of 235 million shares. The source of repurchase funds is the company's own funds and/or self-financing, and the implementation period is 12 months from the date of review and approval by the board of directors.