B · Normal
[Taotao Automobile Industry: The actual controller proposes to repurchase 50 million to 100 million yuan of shares] On October 19, Taotao Automobile Industry (301345.SZ) announced that the company’s actual controller, chairman, and general manager Cao Matao proposed that the company use its own funds or self-raised funds to repurchase some A shares. The total repurchase funds shall not be less than 50 million yuan and not exceed 100 million yuan. The repurchased shares will be used for equity incentives or employee stock ownership plans.
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