Firm confidence in long-term development: Lenovo Group (01688) doubles its repurchase amount to 4 billion to 8 billion yuan.

date
17/07/2026
Wisdom Financial News APP, Lingyi Manufacturing (01688) announced that based on the recognition of the company's long-term value and firm confidence in the company's future development, and combined with factors such as the company's operating conditions, main business development prospects, and financial situation, the company held the sixth board of directors on July 17, 2026. The meeting deliberated and approved the "Proposal to Increase the Total Amount of Funds for Repurchasing Company Shares," agreeing to increase the total amount of funds for repurchasing company shares approved at the twenty-third meeting of the sixth board of directors held on March 26, 2026. The total amount of funds for repurchasing shares is adjusted from "not less than RMB 200 million (inclusive), not more than RMB 400 million (inclusive)" to "not less than RMB 400 million (inclusive), not more than RMB 800 million (inclusive)." The upper limit of the repurchase price remains unchanged at 21.08 Yuan per share.