According to CoinMeta, Luoyang Molybdenum Industry announced that the company intends to repurchase its A-share shares through the centralized bidding trading system of the Shanghai Stock Exchange. The repurchase period is within 3 months from the date when the board of directors approves the repurchase plan. The company will make repurchase decisions based on market conditions during the repurchase period and implement them accordingly. The amount of shares to be repurchased ranges from RMB 1 billion (inclusive) to RMB 2 billion (inclusive).