According to CoinMeta, Yingboer announced that the company intends to repurchase its A-shares that are freely tradable without any restrictions through a centralized bidding process. The total amount of funds allocated for the repurchase will not be less than 150 million yuan and will not exceed 250 million yuan, with a repurchase price of no more than 29.05 yuan per share. Based on the upper limit of the repurchase price, it is estimated that the number of shares to be repurchased will range from 5.1635 million to 8.6059 million shares, accounting for 1.66% to 2.77% of the company's total share capital. The repurchased shares will be used to maintain the company's value and shareholders' rights and interests, and will be sold at an opportune time 12 months after the repurchase results and share change announcement are disclosed. Any unused portion of the shares will be cancelled after the deadline. The implementation period for the repurchase is within 3 months from the date when the board of directors approves the plan.