Guocheng Mining (000688.SZ) plans to repurchase the company's shares for 300 million yuan to 600 million yuan

According to Zhitong Finance App, Guocheng Mining (000688.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions through the Shenzhen Stock Exchange trading system. The repurchased company shares are intended to be used to implement employee stock ownership plans and equity incentive plans in the future. The total repurchase capital is not less than RMB 300 million (inclusive) and not more than RMB 600 million (inclusive), and the repurchase price is not more than RMB 45 per share (inclusive).