On March 2, Changan Automobile made an announcement revealing its intention to repurchase shares, with the total capital earmarked for this purpose ranging from RMB 1 billion to RMB 2 billion. Specifically, the company plans to allocate between RMB 700 million and RMB 1.4 billion for the repurchase of A-shares, and an amount between RMB 300 million and RMB 600 million for the repurchase of B-shares. The repurchase price for A-shares has been capped at RMB 17.16 per share, whereas for B-shares, it will not exceed HKD 6.17 per share.
