Xinmei Corporation: has repurchased 1.2923 million shares, using a total amount of funds of 50.0164 million yuan.
On August 4th, XINMEI Group announced that the company had approved a proposal to repurchase its own shares, intending to use its own funds to repurchase the shares through centralized bidding. The total amount of the repurchase funds will not be less than 50 million yuan and not more than 100 million yuan. The source of the funds is from the company's own funds, and the repurchase price will not exceed 49 yuan per share. The shares repurchased this time will be used to reduce the company's registered capital. The implementation period of the repurchase is not more than 12 months from the date of approval by the shareholders' meeting. As of July 31, 2025, the company has repurchased a total of 1,292,300 shares, accounting for 0.56% of the total share capital of the company, with a total fund usage of 50.0164 million yuan.
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