--- title: "Jiangsu Lopal Tech to Cancel Repurchased Shares and Cut Registered Capital" type: "News" locale: "en" url: "https://longbridge.com/en/news/279486339.md" description: "Jiangsu Lopal Tech Co. Ltd. plans to cancel 2,082,400 repurchased shares and reduce its registered capital, following board approval on March 17, 2026, pending shareholder consent. This decision, framed as a regulatory compliance measure, aims to enhance long-term value and investor confidence by tightening the share base. The shares were repurchased in March 2023 for approximately RMB50.27 million. Jiangsu Lopal Tech operates in the chemicals and technology sector and is listed in Hong Kong and Shanghai." datetime: "2026-03-17T15:11:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/279486339.md) - [en](https://longbridge.com/en/news/279486339.md) - [zh-HK](https://longbridge.com/zh-HK/news/279486339.md) --- # Jiangsu Lopal Tech to Cancel Repurchased Shares and Cut Registered Capital ### Claim 70% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential An update from Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) is now available. Jiangsu Lopal Tech. Group Co., Ltd. plans to change the use of 2,082,400 previously repurchased shares, originally earmarked for employee stock ownership plans or equity incentives, to cancellation and a corresponding reduction of its registered capital. The board approved the proposal on March 17, 2026, subject to shareholder approval, after completing the repurchase in March 2023 at an aggregate cost of about RMB50.27 million, and framed the move as a step to comply with regulatory requirements, support long-term value, and bolster investor confidence by tightening the company’s share base. **More about Jiangsu Lopal Tech Co. Ltd. Class H** Jiangsu Lopal Tech. Group Co., Ltd., listed in Hong Kong and Shanghai, operates in the chemicals and technology sector. The company issues RMB-denominated ordinary shares and has previously used share repurchases as a capital management tool, including for potential employee stock ownership plans and equity incentives. **Average Trading Volume:** 5,304,801 **Technical Sentiment Signal:** Buy **Current Market Cap:** HK$12.16B For an in-depth examination of 2465 stock, go to TipRanks’ Overview page. ### Related Stocks - [603906.CN](https://longbridge.com/en/quote/603906.CN.md) - [02465.HK](https://longbridge.com/en/quote/02465.HK.md) ## Related News & Research - [Jiangsu Lopal Tech Adjusts Use of A-Share Proceeds for Investment Projects](https://longbridge.com/en/news/286440737.md) - [Jiangsu Lopal Tech Raises RMB1.88 Billion Through Targeted A-Share Issuance](https://longbridge.com/en/news/286123460.md) - [UBER Stock Alert: Uber Just Upped Its Stake in Delivery Hero](https://longbridge.com/en/news/286940381.md) - [Strix Discloses Trust-Led Share Tender by Non-Executive Director](https://longbridge.com/en/news/286884952.md) - [The Bull Case For HCI Group (HCI) Could Change Following Q1 2026 Tech-Driven Profitability Trends - Learn Why](https://longbridge.com/en/news/286806377.md)