Yongding Co., Ltd. (600105.SH) Chairman proposes repurchasing company shares for RMB 30 million to RMB 50 million.

Zhitong Finance APP news, Yongding Co., Ltd. (600105.SH) issued an announcement that the company's chairman, Mo Siming, proposed that the company use its own or self-raised funds to repurchase part of the company's issued RMB ordinary shares (A shares) through the centralized bidding trading method via the Shanghai Stock Exchange 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 funds shall be no less than RMB 30 million (inclusive) and no more than RMB 50 million (inclusive).