Qianli Technology announced that the company plans to repurchase shares through centralized bidding, with an amount not less than 100 million yuan, no more than 150 million yuan, and a price of no more than 12.04 yuan/share. It is expected to repurchase 8.3056 million shares to 124.585 million shares, accounting for 0.18% to 0.28% of the total share capital, for employee stock ownership plans or equity incentives. The capital comes from own capital and special bank loans of no more than $135 million. The repurchase period shall not exceed 12 months from review and approval by the board of directors. Some shareholders responded that there were no plans to reduce their holdings for the next 3 or 6 months. Chongqing Lifan Holdings did not respond, and the holdings reduction situation is uncertain.

Qianli Technology announced that the company plans to repurchase shares through centralized bidding, with an amount not less than 100 million yuan, no more than 150 million yuan, and a price of no more than 12.04 yuan/share. It is expected to repurchase 8.3056 million shares to 124.585 million shares, accounting for 0.18% to 0.28% of the total share capital, for employee stock ownership plans or equity incentives. The capital comes from own capital and special bank loans of no more than $135 million. The repurchase period shall not exceed 12 months from review and approval by the board of directors. Some shareholders responded that there were no plans to reduce their holdings for the next 3 or 6 months. Chongqing Lifan Holdings did not respond, and the holdings reduction situation is uncertain.