Midea Group: Plans to repurchase company shares for no more than 13 billion yuan and no less than 6.5 billion yuan

Midea Group announcement: the company plans to repurchase its shares with a total value of no more than RMB 13.0 billion and no less than RMB 6.5 billion, and the repurchase price will not exceed RMB 100 per share. The repurchased shares will be used to implement an equity incentive plan and/or an employee stock ownership plan.

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