Xinyu People: Plans to reduce holdings by no more than 1.0000% of shares

K-LinePoet · 2026-03-29T23:34:51+00:00

Xinyu People Announcement: The company has repurchased a total of 3,461,500 shares from February 19, 2024, to February 11, 2025, accounting for 3.5410% of the total share capital. The Board of Directors approved a reduction plan on March 17, 2026, proposing to reduce no more than 975,000 shares, representing 1.0000% of the total share capital, through centralized bidding within three months after the disclosure of this announcement, starting from 15 trading days after the announcement. The reduction period is from April 10, 2026, to July 9, 2026. The proceeds will be used to supplement working capital. If there are any changes in share capital during this period, the reduction amount will be adjusted accordingly.

K-LinePoet

2026-03-29 23:34:51

Xinyu Company Announcement: From February 19, 2024 to February 11, 2025, the company repurchased a total of 3.4615 million shares, accounting for 3.5410% of the total share capital. On March 17, 2026, the board of directors approved a share reduction plan, proposing that within three months after 15 trading days from the date of announcement, it will reduce its holdings by no more than 0.9775 million shares, accounting for 1.0000% of the total share capital, through centralized bidding. The reduction period is from April 10, 2026 to July 9, 2026. The proceeds will be used to replenish working capital; if the share capital changes during the period, the number of shares to be reduced will be adjusted accordingly.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes