Changcable Technology announced that the company plans to use its own funds to repurchase shares. The repurchase capital is not less than 180 million yuan and no more than 220 million yuan, and the repurchase price is no more than 20.50 yuan/share. According to this estimate, it is estimated that approximately 8.785 million shares - 10.737 million shares will be repurchased, accounting for 4.55%-5.56% of the company's total share capital at present. The repurchase period shall not exceed three months from the date the plan is reviewed and approved by the board of directors. This repurchase is used to protect the company's value and shareholders' rights, and there are risks such as not being able to be implemented. Furthermore, Chairman Yu Tao plans to increase his shareholding in the company within 6 months.

Zhitongcaijing · 1d ago
Changcable Technology announced that the company plans to use its own funds to repurchase shares. The repurchase capital is not less than 180 million yuan and no more than 220 million yuan, and the repurchase price is no more than 20.50 yuan/share. According to this estimate, it is estimated that approximately 8.785 million shares - 10.737 million shares will be repurchased, accounting for 4.55%-5.56% of the company's total share capital at present. The repurchase period shall not exceed three months from the date the plan is reviewed and approved by the board of directors. This repurchase is used to protect the company's value and shareholders' rights, and there are risks such as not being able to be implemented. Furthermore, Chairman Yu Tao plans to increase his shareholding in the company within 6 months.