Semight Instruments (688808.SH): Actual controller proposes share buyback of RMB100 million to RMB150 million.
Semight Instruments (688808.SH) announced that Hu Haiyang, the company's controlling shareholder, actual controller, and chairman, has proposed that the company repurchase a portion of its issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system via centralized bidding, using its own funds or self-raised funds, for the purpose of equity incentives or employee stock ownership plans. The total amount of funds for the share repurchase shall be no less than RMB100 million (inclusive) and no more than RMB150 million (inclusive).
Semight Instruments (688808.SH) announced that Hu Haiyang, the company's controlling shareholder, actual controller, and chairman, has proposed that the company use its own funds or self-raised funds to repurchase a portion of its issued RMB ordinary shares (A shares) through the centralized bidding trading method via the Shanghai Stock Exchange trading system, for use in equity incentives or employee stock ownership plans. The total amount of funds for the share repurchase shall be no less than RMB100 million (inclusive) and no more than RMB150 million (inclusive).
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