Nova Micro has made a public announcement, revealing its intention to repurchase shares via centralized bidding transactions. The total amount earmarked for this share repurchase initiative spans from 200 million to 400 million yuan, with the per-share repurchase price capped at 200 yuan. The shares acquired through this process will be exclusively earmarked for implementation in employee stock ownership schemes or equity incentive programs at a suitable juncture in the future. Should there be any remaining shares that are not fully utilized within a three-year timeframe, these will be subject to cancellation.
