Ecolan (300816.SZ) announced that the company received the company's holding shares on December 10, 2023...
According to the Zhitong Finance App, Ecolan (300816.SZ) issued an announcement. On December 10, 2023, the company received a “Letter on the Proposal for Anhui Ecolan Environmental Protection Co., Ltd. to repurchase the company's shares” from Mr. Liu Yi, the controlling shareholder, actual controller, chairman and general manager of the company. Based on confidence in the company's future development and recognition of the company's value, in order to enhance investor confidence, protect the interests of investors, and combine the company's operating conditions, business development prospects, company financial situation and future profitability, Mr. Liu Yi, the company's controlling shareholder, actual controller, chairman, and general manager, proposed that the company use its own capital to buy back some of the company's issued RMB common stock (A shares) shares, and use the repurchased shares for employee stock ownership plans or equity incentives at an appropriate time in the future to further improve the corporate governance structure, establish a long-term incentive mechanism, and fully mobilize the company's employees Motivation effectively integrates shareholders' interests, company interests and employees' individual interests to promote the company's stability, health and sustainable development.
The total capital for repurchasing shares shall not be less than RMB 15 million (inclusive) and not more than RMB 30 million (inclusive). The repurchase price is not higher than 150% of the average stock trading price for the 30 trading days before the board of directors passed the repurchase decision.