--- title: "The chairman of NGDC proposed a buyback of the company's shares worth 50 million to 100 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/239116867.md" description: "According to the Zhitong Finance APP, NGDC announced that on May 7, 2025, the company received a letter from Chairman Mr. Zhang Wei proposing that New Guomai Digital Culture Co., Ltd. repurchase a portion of the company's shares. The total amount of funds for the share repurchase is between RMB 50 million and RMB 100 million, which will be used to reduce the registered capital" datetime: "2025-05-07T11:48:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/239116867.md) - [en](https://longbridge.com/en/news/239116867.md) - [zh-HK](https://longbridge.com/zh-HK/news/239116867.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/239116867.md) | [繁體中文](https://longbridge.com/zh-HK/news/239116867.md) # The chairman of NGDC proposed a buyback of the company's shares worth 50 million to 100 million yuan According to the announcement from NGDC (600640.SH), the company received a letter from Chairman Mr. Zhang Wei on May 7, 2025, proposing that New NGDC Digital Culture Co., Ltd. repurchase a portion of its shares. The total amount of funds for the share repurchase is between RMB 50 million and 100 million, which will be used to reduce the registered capital ### Related Stocks - [Guo Mai Culture (600640.CN)](https://longbridge.com/en/quote/600640.CN.md) ## Related News & Research - [Hollywood Celebrities Flee The US As The Woke Movie Industry Implodes](https://longbridge.com/en/news/277822457.md) - [Air China's deputy chairman resigns due to retirement](https://longbridge.com/en/news/277920104.md) - [Sichuan Huafeng Technology Turns to 2025 Profit as Revenue Jumps 128%](https://longbridge.com/en/news/277450994.md) - [Leaked Interior Department database reveals US plans to revise historical information](https://longbridge.com/en/news/277550669.md) - [Air China Names Qu Guangji President as Wang Mingyuan Retires](https://longbridge.com/en/news/277949286.md)