The Qin Railway announced that on July 22, Lu Yong, chairman of the company, proposed to buy back shares through centralized bidding transactions to reduce registered capital. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The total capital is 400 million yuan to 500 million yuan. The capital comes from the company's own funds. The repurchase period is 6 months from the date the shareholders' meeting reviews and approves the plan. Lu Yong did not trade the company's shares in the six months before the proposal, and there are no plans to increase or decrease his holdings during the repurchase period. The matter is still uncertain, so investors are reminded to be aware of the risks.

The Qin Railway announced that on July 22, Lu Yong, chairman of the company, proposed to buy back shares through centralized bidding transactions to reduce registered capital. The upper limit of the repurchase price is not higher than 150% of the average transaction price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The total capital is 400 million yuan to 500 million yuan. The capital comes from the company's own funds. The repurchase period is 6 months from the date the shareholders' meeting reviews and approves the plan. Lu Yong did not trade the company's shares in the six months before the proposal, and there are no plans to increase or decrease his holdings during the repurchase period. The matter is still uncertain, so investors are reminded to be aware of the risks.