Asymchem (002821.SZ) plans to repurchase its A-shares for RMB 500 million to RMB 700 million.

Zhitong Finance APP news, Asymchem (002821.SZ) announced that the company plans to use its own funds and self-raised funds to repurchase its issued RMB ordinary shares (A shares) through the centralized bidding trading method via the Shenzhen Stock Exchange stock trading system, for the subsequent implementation of employee stock ownership plans or equity incentives and cancellation to reduce registered capital. The funds for repurchasing shares shall be no less than RMB 500 million and no more than RMB 700 million. The repurchase price per share shall not exceed RMB 246.