SigmaStar Technology (301536.SZ) plans to implement a buyback of 60 million to 120 million yuan.

date
19:55 08/01/2026
avatar
GMT Eight
Xingchen Technology (301536.SZ) announced that the company plans to use its own funds and/or self-raised funds (including funds from stock repurchase special loans, etc.) to repurchase some of the company's issued common stocks (A-shares) in a centralized bidding manner for the purpose of implementing stock incentives and/or employee shareholding plans. The price of the repurchased shares shall not exceed 88.90 yuan/share (inclusive), and the total amount of funds for repurchase shall not be less than 60 million yuan (inclusive), and shall not exceed 120 million yuan (inclusive). The repurchase period shall not exceed 12 months from the date of approval of the repurchase proposal by the company's board of directors.
Announcement from SigmaStar Technology (301536.SZ): The company plans to use its own funds and/or self-raised funds (including funds from stock repurchase special loans, etc.) to repurchase a portion of the company's issued common shares (A shares) through centralized bidding, for the purpose of implementing equity incentives and/or employee share ownership plans. The repurchase price of the shares shall not exceed 88.90 yuan/share, and the total repurchase amount shall not be less than 60 million yuan, and not exceed 120 million yuan. The repurchase period shall not exceed 12 months from the date when the company's board of directors approves the repurchase plan.