B · Normal
[Shanghai Electric Co., Ltd.: Chairman proposes to repurchase shares of 500 million to 1 billion yuan] On November 6, Hudian Electric Co., Ltd. (002463.SZ) announced that the company's board of directors received a proposal from Chairman Chen Meifang to repurchase the company's A shares through centralized bidding transactions. The total repurchase funds will not be less than 500 million yuan and not exceed 1 billion yuan. The repurchased shares will be used for employee stock ownership plans or equity incentives, reducing registered capital or safeguarding the company's value and shareholder rights. The proposer did not buy or sell the company's shares in the 6 months before the proposal.
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