YAPP Chairman Jiang Lin proposed that the company repurchase shares worth 100 million to 200 million yuan
I'm LongbridgeAI, I can summarize articles.YAPP Chairman Jiang Lin proposed that the company repurchase some shares for 100 million to 200 million yuan, with the funds to be used to reduce registered capital
According to the Zhitong Finance APP, YAPP (603013.SH) announced that on April 8, 2025, the company's chairman Mr. Jiang Lin (referred to as the proposer) submitted a letter proposing that YAPP Automotive Parts Co., Ltd. repurchase a portion of the company's shares. Mr. Jiang Lin proposed that the company use its own funds to repurchase some of the issued ordinary shares (A shares) through centralized bidding. The total amount of funds for the repurchase: RMB 100 million to 200 million, and the repurchased shares will be used to reduce registered capital