Yingjixin: Plans to buy back shares worth 50 million to 100 million yuan for employee incentives.
Yinjixin announced that the company plans to repurchase shares through a centralized bidding process, with an amount not less than 50 million yuan and not exceeding 100 million yuan, funded by its own resources. The repurchase price will not exceed 37 yuan per share, and the period will be within 3 months from the approval by the board of directors. The repurchased shares are intended for an employee stock ownership plan or equity incentives, and if not fully transferred within 3 years, they will be canceled. As of the date of the resolution, relevant shareholders, directors, senior management, and actual controllers generally have no plans to reduce their holdings in the next 3 to 6 months. There are risks associated with this repurchase, including price adjustments, funding issues, and changes to the plan.
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