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Guangdong Songyang Recycle Resources (603863.SH) intends to establish a holding company with related parties to further promote the development of its lottery business.
Guangdong Songyang Recycle Resources (603863.SH) announced on July 26th that in order to better implement the company's global strategy and diversified development needs, further promote the development of the company's lottery business, the company's wholly-owned subsidiary LeDong Technology intends to jointly establish Songyang Le Lottery (Beijing) operation management Co., Ltd. (tentative name, subject to the name approved by the market supervision and administration department) with its own funds and Mr. Yan Tingju, Mr. Zhang Xu, and Mr. Zhao Xiangyue, with a registered capital of RMB 20 million, of which LeDong Technology will subscribe for RMB 10.2 million, accounting for 51%, and Mr. Yan Tingju will subscribe for RMB 2 million.
Guangdong Songyang Renewable Resources Co., Ltd.'s performance forecast for the first half of 2024.
Guangdong Songyang Recycle Resources (603863.SH): first repurchase of 0.0266 million shares of company stock.
On July 5th, 2024, Guangdong Songyang Recycle Resources (603863.SH) announced that the company completed the first repurchase of company shares totaling 26,600 shares, accounting for 0.0130% of the company's total share capital, through the Shanghai Stock Exchange trading system by means of centralized bidding transactions. The highest price of repurchase was 18.94 yuan/share, the lowest was 18.85 yuan/share, and the total amount of repurchase funds paid was RMB 502,405.05 (excluding commission, transfer fees, and other trading fees).
Guangdong Songyang Recycle Resources (603863.SH): No share repurchase at the moment.
On July 2nd, Gelonhui reported that Guangdong Songyang Recycle Resources (603863.SH) announced that as of June 30, 2024, the company has not repurchased any shares. The company will implement the buyback plan at an appropriate time according to market conditions.
Guangdong Songyang Recycle Resources (603863.SH) plans to increase capital of its wholly-owned subsidiary by 30 million yuan.
On June 13, Gelon Hui reported that Guangdong Songyang Recycle Resources (603863.SH) plans to invest 30 million yuan of its own funds to fully-owned subsidiary Ledong Technology to further improve the strategic planning of the company's lottery business according to the company's overall strategic layout planning and development needs. This capital increase will increase Ledong Technology's registered capital to 80 million yuan.
Guangdong Songyang Recycle Resources (603863.SH) plans to spend 15-30 million yuan to repurchase its own shares.
Guangdong Songyang Recycle Resources (603863.SH) announced on June 12th that the company plans to use its own funds to repurchase some of its own shares through centralized bidding trading method, for the implementation of employee stock ownership plan or stock-based incentive plan in the future. The total amount of funds for this repurchase is not less than RMB 15,000,000 (inclusive) and not more than RMB 30,000,000 (inclusive). The price for repurchased shares shall not exceed RMB 20.00/share.
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