Sangfor (300454.SZ): Plans to repurchase shares worth 80 million to 90 million yuan

Gelonghui April 7 — Sangfor Technologies (300454.SZ) announced that the funds for share repurchase will come from the company’s own funds, with a total repurchase amount of no less than 80 million RMB (inclusive) and no more than 90 million RMB (inclusive). The price range for the repurchased shares will not exceed 120 RMB per share, and the shares will be used to implement employee stock ownership plans or equity incentive plans.

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