The actual controller of LANJIAN, Wu Yaohua, proposed to spend 10 million to 20 million yuan to implement a buyback
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According to the Zhitong Finance APP, LANJIAN announced that the company's controlling shareholder, actual controller, and chairman Eddie Wu proposed that the company repurchase its issued A-shares through centralized bidding trading, with a total repurchase amount not less than RMB 10 million (inclusive) and not exceeding RMB 20 million (inclusive); the repurchase period is within 12 months from the date the board of directors approves this repurchase plan
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