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Shanghai Aladdin Biochemical Technology Co., Ltd (stock code 688179.SH) plans to use idle funds of no more than RMB 200 million for cash/money market management.
On July 3, Gelonhui reported that the 4th board of directors held its 23rd meeting and the 4th supervisory board held its 14th meeting on July 3, 2024. The proposal on using part of the idle raised funds for cash management was approved. According to the company's plan for the use of the funds raised, it agreed to use idle raised funds of no more than RMB 200 million for cash management, which will be used to purchase structured deposits, large-denomination certificates of deposit and other high-security low-risk products with good liquidity. Such activities shall not affect the normal implementation of the investment plan for the funds raised, and the cash management shall be kept.
Shanghai Aladdin Biochemical Technology Co., Ltd. (688179.SH): bought back 284,200 company shares for the first time.
On July 3, Gelunhui reported that Shanghai Aladdin Biochemical Technology Co., Ltd. (stock code: 688179) completed its first share buyback through the Shanghai Stock Exchange trading system by centralized bidding trading method, with a total of 284,218 shares repurchased, accounting for 0.1025% of the company's total share capital of 277,383,771 shares as of July 2, 2024. The highest and lowest prices of the repurchase were 9.59 yuan/share and 9.33 yuan/share, respectively. The total repurchase fund paid was RMB 2,692,323.23 (excluding transaction fees).
Shanghai Aladdin Biochemical Technology Co., Ltd (688179.SH): The director proposed that the company repurchase shares.
On June 7th, Gelon Hui reported that Shanghai Aladdin Biochemical Technology Co., Ltd. (688179.SH) had received a letter from Mr. Xu Jiuzhen, the company's controlling shareholder, actual controller, chairman, and general manager, proposing that the company repurchase some of its RMB ordinary shares through the Shanghai Stock Exchange's trading system by means of centralized competitive trading with its own funds. The total amount of funds for repurchasing shares shall not be less than RMB 10 million and not more than RMB 15 million.
After the Recent Decline, Shanghai Aladdin Biochemical Technology Co.,Ltd. (SHSE:688179) CEO Jiuzhen Xu's Holdings Have Lost 12% of Their Value
Key Insights Significant insider control over Shanghai Aladdin Biochemical TechnologyLtd implies vested interests in company growth A total of 4 investors have a majority stake in the company with 5
Aladdin (688179.SH) plans to pay 0.3 yuan per share to increase 0.4 shares in 2023, excluding interest on May 21
Aladdin (688179.SH) announced that in 2023, the company plans to pay a cash dividend of 0.3 yuan per share (including...
Aladdin (688179.SH): School-enterprise cooperation with some universities in the field of synthetic biology
Gelonghui, May 13丨Aladdin (688179.SH) said on the investor interactive platform that some of the company's products fall into the category of synthetic biology, and at the same time, the company has relevant school-enterprise cooperation with some universities in the field of synthetic biology.
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