Hefei Conver Holding (603409.SH): Actual controller proposes share buyback of RMB20 million to RMB40 million.
Hefei Conver Holding (603409.SH) announced that Chen Wangbao, the company's actual controller and chairman, has proposed that the company use its own funds or self-raised funds to repurchase its issued RMB-denominated ordinary shares (A-shares) through centralized bidding via the Shanghai Stock Exchange's stock trading system. The repurchased shares are intended for employee equity incentives/employee stock ownership plans or to reduce the company's registered capital. The total repurchase amount shall be no less than RMB20 million (inclusive) and no more than RMB40 million (inclusive).
Hefei Conver Holding (603409.SH) announced that Chen Wangbao, the company's actual controller and chairman, has proposed that the company use its own funds or self-raised funds to repurchase the company's issued RMB ordinary shares (A-shares) through the centralized bidding trading method via the Shanghai Stock Exchange stock trading system. The repurchased shares are intended to be used for employee equity incentives/employee stock ownership plans or to reduce the company's registered capital. The total repurchase amount shall be no less than RMB20 million (inclusive) and no more than RMB40 million (inclusive).
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