Lao Fengxiang announced that the company plans to repurchase domestic and foreign listed shares through centralized bidding transactions. The number of repurchases is 4 million shares to 8 million shares, accounting for about 0.76%-1.53% of the company's total share capital. The repurchase price is no more than 3.707 US dollars/share. The estimated total repurchase capital is 100 million yuan to 200 million yuan. The funding source is own capital, and the repurchase shares will all be used to cancel and reduce registered capital. The repurchase period shall not exceed 12 months from the date the shareholders' meeting deliberates and passes the repurchase bill. The repurchase is yet to be reviewed and approved by the company's shareholders' meeting. As of the disclosure date of the announcement, none of the company's directors, executives, controlling shareholders, actual controllers and shareholders holding 5% or more of the shares and their concerted actions had no plans to reduce their holdings of the company's shares within the next 6 months.
智通财经·10/30/2026 08:17:23
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Lao Fengxiang announced that the company plans to repurchase domestic and foreign listed shares through centralized bidding transactions. The number of repurchases is 4 million shares to 8 million shares, accounting for about 0.76%-1.53% of the company's total share capital. The repurchase price is no more than 3.707 US dollars/share. The estimated total repurchase capital is 100 million yuan to 200 million yuan. The funding source is own capital, and the repurchase shares will all be used to cancel and reduce registered capital. The repurchase period shall not exceed 12 months from the date the shareholders' meeting deliberates and passes the repurchase bill. The repurchase is yet to be reviewed and approved by the company's shareholders' meeting. As of the disclosure date of the announcement, none of the company's directors, executives, controlling shareholders, actual controllers and shareholders holding 5% or more of the shares and their concerted actions had no plans to reduce their holdings of the company's shares within the next 6 months.