Purun Co., Ltd.: Chairman Wang Nan proposes to repurchase the company’s shares for 30 million CNY to 50 million CNY

Purun Co., Ltd. announced that its chairman, Wang Nan, proposed to repurchase the company’s shares for $30 million to $50 million. The repurchase price shall not exceed 150% of the average price of the company’s stock over the 30 trading days prior to the date the board approves the share repurchase resolution.
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