B · Normal
[Cixing Shares: Plans to repurchase shares for equity incentives of 100 million to 120 million yuan] On September 7, Cixing Shares (300307.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 120 million yuan, and the repurchase price shall not exceed 10 yuan/share. Calculated based on the upper limit of the repurchase amount, it is expected to repurchase approximately 12 million shares, accounting for 1.50% of the company's total share capital; calculated based on the lower limit, it is expected to repurchase approximately 10 million shares, accounting for 1.25% of the total share capital. The repurchased shares will be used for equity incentives or employee stock ownership plans, and the implementation period will be within 12 months from the date of review and approval by the board of directors.
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