Shede Wine: plans to repurchase shares with 100 million to 200 million yuan

On October 28, Jinshi Data announced that Shede Winery plans to repurchase company shares with a total value of 100 million to 200 million yuan, at a repurchase price not exceeding 91 yuan per share. The repurchased shares will be used for the company's employee shareholding plan or equity incentive. The company also disclosed its third quarter report on the same day, with a net profit of 669 million yuan in the first three quarters, a year-on-year decrease of 48.35% (adjusted).

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