LONGLI plans to spend between 30 million and 60 million yuan to repurchase shares
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, LONGLI announced a share repurchase plan. The company intends to use its own funds and/or self-raised funds of no less than RMB 30 million and no more than RMB 60 million (inclusive) to repurchase the company's ordinary shares (A shares) through centralized bidding trading. This is intended for the implementation of the employee stock ownership plan and/or equity incentive. The repurchase price will not exceed RMB 27.18 per share (inclusive)
According to the Zhitong Finance APP, LONGLI Technology (300752.SZ) has announced a plan to repurchase company shares. The company intends to use its own funds and/or self-raised funds of no less than RMB 30 million and no more than RMB 60 million (inclusive) to repurchase its RMB ordinary shares (A shares) through centralized bidding trading. This repurchase is intended for the implementation of an employee stock ownership plan and/or equity incentives, with a repurchase price not exceeding RMB 27.18 per share (inclusive)