---
title: "CSG plans to spend between 243 million yuan and 485 million yuan to implement an A-share repurchase, with a repurchase price not exceeding 7.6 yuan per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228207044.md"
description: "CSG plans to repurchase some A shares and B shares within the next 12 months, with the repurchase amount ranging from 243 million to 485 million yuan. The repurchase price for A shares will not exceed 7.60 yuan per share, and the repurchase price for B shares will not exceed 3.13 HKD per share. The repurchase funds will include self-owned funds and bank loans, with Industrial Bank having committed to providing loan support of no more than 436.5 million yuan"
datetime: "2025-02-13T13:56:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228207044.md)
  - [en](https://longbridge.com/en/news/228207044.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228207044.md)
generator: "portal-rs"
---

# CSG plans to spend between 243 million yuan and 485 million yuan to implement an A-share repurchase, with a repurchase price not exceeding 7.6 yuan per share

According to the Zhitong Finance APP, CSG (000012.SZ) announced that the company plans to use its own funds and self-raised funds (including special loans for repurchase from commercial banks, etc.) to repurchase part of its ordinary shares (A shares) and domestically listed foreign shares (B shares) through the centralized bidding trading method on the Shenzhen Stock Exchange. The proposed repurchase period is within twelve months from the date the company's shareholders' meeting approves the repurchase plan.

The price for repurchasing A shares will not exceed 7.60 yuan/share, and the price for repurchasing B shares will not exceed 3.13 HKD/share. The total amount of funds used for repurchasing A shares will be no less than 243 million yuan and no more than 485 million yuan, including transaction fees and other related costs; the total amount of funds used for repurchasing B shares will be no less than 50 million HKD and no more than 100 million HKD, including foreign exchange purchases, transaction fees, and other related costs.

The company has obtained a "Loan Commitment Letter" issued by the Shenzhen Branch of Industrial Bank Co., Ltd., agreeing to provide loan support for stock repurchase, with a loan limit not exceeding 436.5 million yuan and a loan term not exceeding 3 years. The funds for repurchasing B shares will come from the company's own funds

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**