Securities Times e Company News, *ST Longyu (Rights Protection)(603003) announced on the evening of May 21 that controlling shareholder Shanghai Longyu Holdings Co., Ltd. proposed to repurchase the company's shares for 50 million yuan to 100 million yuan, at a repurchase price of no more than 5gritweb3.35 yuan/share (inclusive), this repurchasegritweb3The purpose of the company's shares is to safeguard the company's value and shareholders 'rights and interests. The company will cancel all shares repurchased this time in the future and reduce the registered capital.