[ST Shimao: 100 million yuan-200 million yuan to buy back A shares of the company]-- ST Shimao announced that it intends to buy back A shares of the company at a price of no more than 1.3 yuan per share at a price of no more than 100 million yuan. In order to safeguard the company's value and shareholders' rights and interests, the shares repurchased by the company will be used for subsequent sales in accordance with the relevant regulations, and the future reduction period will run from 12 to 36 months after the announcement of the buyback results.