Zhongjing Electronics: plans to repurchase shares with an amount of 30-50 million yuan.
Champion Electronic announced that the company plans to repurchase shares through centralized bidding trading using its own funds or self-raised funds, with a total repurchase amount of no less than 30 million yuan and no more than 50 million yuan, and the repurchase price not exceeding 12 yuan per share. The repurchased shares will be used to implement equity incentives and maintain company value and shareholder interests. The repurchase period is within 12 months from the date when the board of directors approves the repurchase plan for equity incentives, and within 3 months for maintaining company value and shareholder interests. The estimated number of repurchased shares is between 2.5 million and 4.1667 million shares, accounting for 0.41% -0.68% of the total share capital of the company. The source of repurchase funds is the company's own funds or self-raised funds.
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