Langxin Group (300682.SZ) announced that the company plans to use its own funds to repurchase the company through centralized bidding trading...
Langxin Group (300682.SZ) announced that the company plans to use its own funds to repurchase some of the company's publicly traded shares through centralized bidding trading, to be used for cancellation and reduction of the company's registered capital. The total amount of repurchase funds is no less than 100 million yuan (inclusive) and no more than 200 million yuan (inclusive). The repurchase price does not exceed 14 yuan/share (inclusive). The repurchase period shall not exceed six months from the date of approval of the repurchase plan by the shareholders' meeting.