--- title: "FOCUS LIGHTINGS: Plans to cancel 32.8317 million shares and correspondingly reduce registered capital" type: "News" locale: "en" url: "https://longbridge.com/en/news/244907074.md" description: "FOCUS LIGHTINGS announced that the company plans to cancel 32.8317 million shares and correspondingly reduce its registered capital. After the cancellation, the total share capital will change from 680 million shares to 647 million shares, and the registered capital will change from 680 million yuan to 647 million yuan. This matter needs to be submitted for review at the first extraordinary general meeting of shareholders in 2025" datetime: "2025-06-17T12:35:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/244907074.md) - [en](https://longbridge.com/en/news/244907074.md) - [zh-HK](https://longbridge.com/zh-HK/news/244907074.md) --- # FOCUS LIGHTINGS: Plans to cancel 32.8317 million shares and correspondingly reduce registered capital FOCUS LIGHTINGS announced that the company plans to change the purpose of repurchasing 32.8317 million shares in the dedicated securities account, from "based on maintaining the company's value and shareholder rights, and will sell within the prescribed period in accordance with relevant repurchase rules and regulatory guidelines" to "used for cancellation and corresponding reduction of registered capital." After the cancellation is completed, the company's total share capital will change from 680 million shares to 647 million shares, and the registered capital will change from 680 million yuan to 647 million yuan. This change in the purpose of repurchased shares and the cancellation matter still needs to be submitted to the company's first extraordinary general meeting of shareholders in 2025 for deliberation ### Related Stocks - [300708.CN](https://longbridge.com/en/quote/300708.CN.md) ## Related News & Research - [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md) - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [09:25 ETWasion Americas and Crytica Security Announce Partnership to Enhance Utility Security at the Grid Edge](https://longbridge.com/en/news/286921729.md) - [URBANICA Furniture Makes Better Workdays Easier to Design](https://longbridge.com/en/news/287003627.md) - [Energo-Pro upgrades 280 MW hydropower plant in Turkey with PV park](https://longbridge.com/en/news/287108366.md)