Yongxi Electronics: plans to repurchase shares for 100-150 million yuan and change registered capital.
Yongxi Electronics announced that the thirty-sixth meeting of the third board of directors approved two proposals. The first is to agree to repurchase shares through centralized competitive bidding, with a repurchase price not exceeding 124.10 yuan per share and an amount of 100 million to 150 million yuan, intended for employee stock ownership or equity incentives, with a duration of 12 months; the second is due to the conversion of "Yongxi Convertible Bonds" and the allocation of shares under the incentive plan, the total share capital of the company will increase from 410,490,491 shares to 453,223,890 shares, with a corresponding change in registered capital, and the company intends to amend its Articles of Association and handle business change registration.
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