Eoptolink Technology Inc.,Ltd. (300502.SZ) has issued an announcement stating that Mr. Gao Guangrong, the company's controlling shareholder, actual controller, and chairman, has proposed that the company use its own funds or self-raised funds to repurchase part of its already-issued RMB ordinary shares (A shares) through the Shenzhen Stock Exchange trading system via centralized bidding, with the intention of using them for subsequent equity incentive plans or employee stock ownership plans.
The total amount of repurchase funds shall be no less than RMB 800 million (inclusive) and no more than RMB 1 billion (inclusive).
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