---
title: "SZZT: Has repurchased 4.2 million shares with a total fund amount of 20.6601 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239981372.md"
description: "SZZT plans to repurchase shares through a share buyback program on May 14, 2024, with a budget of RMB 20 million to RMB 40 million. By May 13, 2025, the company had repurchased 4.2 million shares, using funds of RMB 20.6601 million, with repurchase prices ranging from RMB 3.78 to RMB 5.65, accounting for 0.68% of the total share capital. The funds for the buyback come from its own resources, and the shares will be used for equity incentives or employee stock ownership plans"
datetime: "2025-05-13T08:56:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239981372.md)
  - [en](https://longbridge.com/en/news/239981372.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239981372.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/239981372.md) | [繁體中文](https://longbridge.com/zh-HK/news/239981372.md)


# SZZT: Has repurchased 4.2 million shares with a total fund amount of 20.6601 million yuan

SZZT announced that on May 14, 2024, the board of directors approved a share repurchase plan, intending to repurchase shares with funds ranging from 20 million to 40 million yuan through centralized bidding, for the purpose of equity incentives or employee stock ownership plans. As of May 13, 2025, the company had repurchased a total of 4.2 million shares, with a repurchase price range of 3.78 yuan/share to 5.65 yuan/share, utilizing a total of 20.6601 million yuan. The shares repurchased account for 0.68% of the company's total share capital, with a repurchase implementation period of 12 months, funded by its own capital. After the repurchase is completed, the shares will be stored in a dedicated securities account for subsequent equity incentives or employee stock ownership plans

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