---
title: "Topstrong plans to spend 20 million to 35 million yuan to implement a buyback"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/230307152.md"
description: "According to the Zhitong Finance APP, Topstrong announced that the company plans to repurchase shares using its own funds and a special loan for stock repurchase for the employee stock ownership plan or equity incentive plan; the total amount of funds for the repurchase will not be less than 20 million yuan (inclusive) and not exceed 35 million yuan (inclusive); the repurchase price will not exceed 9.6 yuan/share (inclusive); the repurchase period is within 12 months from the date the board of directors approves this share repurchase plan"
datetime: "2025-03-03T11:05:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/230307152.md)
  - [en](https://longbridge.com/en/news/230307152.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/230307152.md)
generator: "portal-rs"
---

# Topstrong plans to spend 20 million to 35 million yuan to implement a buyback

According to the Zhitong Finance APP, Topstrong (300749.SZ) announced that the company plans to repurchase shares using its own funds and a special loan for stock repurchase for the employee stock ownership plan or equity incentive plan; the total amount of funds for the repurchase will not be less than 20 million yuan (inclusive) and not exceed 35 million yuan (inclusive); the repurchase price will not exceed 9.6 yuan per share (inclusive); the repurchase period will be within 12 months from the date the board of directors approves this share repurchase plan

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**