Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co.Ltd(603165) : it is planned to repurchase 100 million to 200 million yuan of the company's shares

Zhejiang Rongsheng Environmental Protection Paper Joint Stock Co.Ltd(603165) 5 the repurchase report disclosed on May 4 shows that the company plans to use its own funds to repurchase the company's shares of no less than 100 million yuan and no more than 200 million yuan. The repurchased shares will be used by the company's management and core backbone to implement the employee stock ownership plan or equity incentive plan, or convert the convertible corporate bonds issued by listed companies. If the repurchased shares are not used up within 36 months after the implementation of stock repurchase, Unused repurchased shares will be cancelled. The term of share repurchase shall be within 12 months from the date when the company's board of directors deliberates and approves the share repurchase plan.