Shenzhen Kinwong Electronic (03228) plans to repurchase RMB50 million-RMB100 million of A-shares.
Shenzhen Kinwong Electronic (03228) announced that, after comprehensively considering factors such as the company's operating conditions, business development prospects, financial condition, and future profitability, the company plans to use its own funds or self-raised funds to repurchase a portion of the RMB ordinary shares (A-shares) already issued within China by way of centralized bidding transactions, for the purpose of implementing an employee stock ownership plan or equity incentive. The total proposed repurchase amount is RMB50 million-RMB100 million, and the repurchase price shall not exceed RMB150.70 per share (inclusive).
Shenzhen Kinwong Electronic (03228) announced that, after comprehensively considering factors such as the company's operating conditions, business development prospects, financial position, and future profitability, the company plans to use its own funds or self-raised funds to repurchase a portion of its RMB ordinary shares (A-shares) already issued domestically through centralized bidding transactions, for the implementation of an employee stock ownership plan or equity incentive. The total proposed repurchase amount is RMB50 million to RMB100 million, and the repurchase price shall not exceed RMB150.70 per share (inclusive).
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