Ninebot: Chairman Gao Lufeng proposes to repurchase shares worth 150 million - 300 million yuan
Ninebot's Chairman Gao Lufeng has proposed a share buyback plan, intending to repurchase between 150 million and 300 million yuan of the company's China Depositary Receipts (CDRs). These repurchased shares will be canceled to reduce the company's registered capital. The buyback price is capped at 60 yuan per CDR. AI