---
title: "XMGF: Has repurchased 1.2923 million shares, using a total of RMB 50.0164 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251432220.md"
description: "On August 4th, XMGF announced that it has repurchased 1.2923 million shares, using a total of RMB 50.0164 million. The company plans to repurchase shares through centralized bidding, with the repurchase funds not less than RMB 50 million and not exceeding RMB 100 million, and the repurchase price not exceeding RMB 49 per share. The repurchased shares will be used to reduce registered capital, with a duration of no more than 12 months from the date of approval by the shareholders' meeting"
datetime: "2025-08-04T10:28:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251432220.md)
  - [en](https://longbridge.com/en/news/251432220.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251432220.md)
---

# XMGF: Has repurchased 1.2923 million shares, using a total of RMB 50.0164 million

On August 4th, XMGF announced that the company reviewed and approved the proposal for the repurchase of the company's shares. It plans to use its own funds to repurchase shares through centralized bidding, with a total repurchase amount not less than 50 million yuan and not exceeding 100 million yuan. The source of funds will be its own funds, and the repurchase price will not exceed 49 yuan per share. The shares repurchased will be used to reduce the company's registered capital, and the implementation period for the repurchase will not exceed 12 months from the date the shareholders' meeting approves the repurchase plan. As of July 31, 2025, the company has cumulatively repurchased 1.2923 million shares, accounting for 0.56% of the company's total share capital, with a cumulative expenditure of 50.0164 million yuan

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