---
title: "The chairman of NGDC proposed a buyback of the company's shares worth 50 million to 100 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239116867.md"
description: "According to the Zhitong Finance APP, NGDC announced that on May 7, 2025, the company received a letter from Chairman Mr. Zhang Wei proposing that New Guomai Digital Culture Co., Ltd. repurchase a portion of the company's shares. The total amount of funds for the share repurchase is between RMB 50 million and RMB 100 million, which will be used to reduce the registered capital"
datetime: "2025-05-07T11:48:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239116867.md)
  - [en](https://longbridge.com/en/news/239116867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239116867.md)
---

# The chairman of NGDC proposed a buyback of the company's shares worth 50 million to 100 million yuan

According to the announcement from NGDC (600640.SH), the company received a letter from Chairman Mr. Zhang Wei on May 7, 2025, proposing that New NGDC Digital Culture Co., Ltd. repurchase a portion of its shares. The total amount of funds for the share repurchase is between RMB 50 million and 100 million, which will be used to reduce the registered capital

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