CONGLIN ENVIRONMENT plans to repurchase shares for 20 million to 40 million yuan
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CONGLIN ENVIRONMENT announced plans to repurchase shares from May 22 to June 19, 2025, with a repurchase amount between 20 million yuan and 40 million yuan. This move is due to the company's stock closing price being below the net asset value per share for 20 consecutive trading days, aiming to maintain company value and shareholder rights, and stabilize the stock price. The repurchase price will not exceed the net asset value per share of 19.09 yuan for the year 2024, and the repurchased shares will be used to stabilize the stock price and reduce registered capital through cancellation
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