Yu Tong, shareholder of Tongcheng New Materials (603650.SH), invested to buy back a total of 1.1879 million shares of the company

Zhitongcaijing · 5d ago

Zhitong Finance App News, Tongcheng New Materials (603650.SH) issued an announcement. As of May 13, 2024, shareholder Yu Tong Investment has purchased 1.1879 million shares of the company through centralized bidding transactions in the secondary market with self-raised funds, completed the promised repurchase matters, and will hand over all proceeds from the share repurchase to the listed company as soon as possible. After this repurchase, Yutong Investment held 31.3946 million shares of the company, accounting for 5.23% of the company's current total share capital.