Sunway Co., Ltd. (603333.SH) announced that it intends to repurchase its own shares with its own funds. The repurchased shares will be used for the implementation of stock-based incentives or employee shareholding plans to promote company's stock price matching with its intrinsic value. The total amount of funds for this repurchase is not less than RMB 50 million (inclusive) and not more than RMB 80 million (inclusive), and the repurchase price of shares will not exceed RMB 5.46/share (inclusive). The repurchased shares will be held for a period not exceeding 6 months from the date when the repurchase plan is approved by the company's board of directors.
Shangwei Co., Ltd. (603333. SH) announced that it intends to repurchase its own shares with its own funds. The repurchased shares will be used for the implementation of stock-based incentives or employee shareholding plans to promote the company's stock price matching with its intrinsic value. The total amount of funds for this repurchase is not less than RMB 50 million (inclusive) and not more than RMB 80 million (inclusive), and the repurchase price of shares will not exceed RMB 5.46/share (inclusive). The repurchased shares will be held for a period not exceeding 6 months from the date when the repurchase plan is approved by the company's board of directors.