Dongxin shares: Intend to reduce holdings by no more than 3 million shares to supplement working capital with repurchased shares.
Dongxin Company announced that the seventh meeting of the third board of directors approved the "Proposal on Repurchasing Shares and Concentrated Bidding to Reduce Shares", agreeing to reduce up to 3 million shares of repurchased shares through concentrated bidding trading at market price, accounting for 0.6783% of the total share capital. The funds recovered from the reduction will be used to supplement daily operating working capital, and any remaining amount will be included in or offset against the capital reserve. If there is any change in share capital, the reduction quantity will be adjusted accordingly.
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