Fangyuan Group: has repurchased 33.6759 million shares with a total fund amount of 150 million yuan.
Fengfan Corporation announced on December 1st that the company held its sixth board of directors meeting on November 12th, 2024 and approved the "Proposal on Repurchasing Shares through the Method of Centralized Competitive Trading." The company agreed to use its own funds of no less than 150 million yuan and up to 300 million yuan, as well as special loan funds from financial institutions, to repurchase a portion of the company's publicly issued shares through centralized competitive trading at a price not exceeding 6.9 yuan per share. The repurchase period is not to exceed 12 months from the date of approval by the board of directors.
After the seventeenth meeting of the sixth board of directors, the company approved the "Proposal on Extending the Implementation Period for Repurchasing Company Shares" and agreed to extend the repurchase period by 3 months, until February 11th, 2026. As of November 30th, 2025, the company has repurchased a total of 33.6759 million shares, accounting for 2.95% of the total share capital, at a price range of 3.99 yuan per share to 5.16 yuan per share, with a total of 150 million yuan in funds used.
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