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Yunda Holdings: Plans to repurchase company shares with 50 million to 100 million yuan
Yunda Holdings announced that it plans to repurchase the company’s issued Renminbi ordinary shares (A-shares) through the Shenzhen Stock Exchange’s stock trading system by means of centralized bidding transactions. The total repurchase funds will be between RMB 50 million (inclusive) and RMB 100 million (inclusive), and the repurchase price will be no more than RMB 10.32 per share. Under the condition that the repurchase price is no more than RMB 10.32 per share, based on the maximum repurchase amount, it is expected that approximately 9.6899 million shares will be repurchased; based on the minimum repurchase amount, it is expected that approximately 4.845 million shares will be repurchased. The actual number of shares to be repurchased shall be subject to the actual number of shares repurchased at the end of the repurchase period or upon completion of the implementation.