Zanyu Technology Group (002637.SZ) plans to repurchase shares worth 100 million to 200 million yuan, and has already received a commitment letter for a loan of 140 million yuan.

19:57 19/11/2024

Zanyu Technology (002637.SZ) announced that the company plans to repurchase shares with a total amount ranging from 100 million to 200 million yuan, and the repurchase price will not...

Zanyu Technology Group (002637.SZ) announced that the company plans to repurchase shares with a total amount between 100 million to 200 million RMB, at a repurchase price not exceeding 13.99 RMB per share. The repurchased shares will be used for future implementation of equity incentive or employee shareholding plans. The funds for this share repurchase will come from the company's own funds or specialized bank loans. The company has obtained a "Loan Commitment Letter" from the Hangzhou Branch of China Postal Savings Bank, committing to provide specialized loan support for the company's repurchase of A shares, with a loan amount of up to 140 million RMB and a loan term of 1 year. The company will implement the share repurchase plan within the repurchase period based on the actual receipt of loan funds, funding usage regulations, and market conditions, strictly adhering to the principle of using loan funds for their dedicated purpose in a closed operation.

At the end of November, the net asset value per share of Cocoon Holdings (00428) was approximately HK$1.18.

HK Stock Market Move | LI NING(02331) rose over 5% in the morning, the world's first flagship store officially landed in Taikoo Li, Beijing, and the Honor Gold Label product series was officially released.

HK Stock Market Move | Joinn Laboratories (06127) continues to rise by over 4%. The stock price has increased by over 30% this month. The company is expected to benefit from the fair value gains in monkey prices.

At the end of November, the net asset value per share of Cocoon Holdings (00428) was approximately HK$1.18.