Chairman of Biwin Storage Technology (688525.SH) proposes to buy back company shares worth 200 million to 250 million yuan.
Baiwei Storage (688525.SH) announced that the company's controlling shareholder, actual controller, and chairman, Sun Chengsi, proposed that the company repurchase some of its shares through centralized bidding trading to maintain the company's value and shareholders' interests. The repurchased shares will be used for cancellation and reduction of registered capital. The total amount of funds for the repurchase is 200-250 million yuan. The source of the repurchase funds is the company's own funds or self-raised funds.
Biwin Storage Technology (688525.SH) announced that the company's controlling shareholder, actual controller, and chairman Sun Chengsi proposed that the company repurchase some of its shares through centralized competitive bidding. This repurchase is mainly aimed at maintaining the company's value and shareholder interests, and the repurchased shares will be used for cancellation and reduction of registered capital. The total amount of funds for the share repurchase is 200 million to 250 million yuan. The source of the repurchase funds will be the company's own funds or self-raised funds.
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