B · Normal
[Zhonglun New Materials: Plans to repurchase company shares for 100 million to 200 million yuan] On November 5, Zhonglun New Materials (301565.SZ) announced that the company plans to use its own funds or self-raised funds to repurchase shares through centralized bidding. The total repurchase funds shall not be less than 100 million yuan and not exceed 200 million yuan, and the repurchase price shall not exceed 20 yuan/share. The repurchased shares will be used for equity incentives, employee stock ownership plans, and convertible bond conversions. The repurchase period is within 12 months from the date of review and approval by the board of directors.
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