Gate.io data on March 4th, Lin Chuan Optoelectronics announced that the company plans to repurchase shares through a centralized Teklif Verme trading method, with a repurchase amount of not less than 100 million, but not more than 150 million. The repurchased shares will be used entirely for cancellation and reduction of the company's registered capital. The repurchase price shall not exceed 70 yuan/share, with a term of 12 months from the date of approval by the shareholders' meeting, from February 10, 2025 to February 9, 2026. The source of funds is from the company's own funds or self-raised funds. As of the date of the announcement, the company's controlling shareholder and major shareholder have no plans to increase or decrease their holdings in the next 3 or 6 months.
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Lianchuang Optoelectronics: Plans to repurchase shares amounting to no more than 1.5 billion yuan
Gate.io data on March 4th, Lin Chuan Optoelectronics announced that the company plans to repurchase shares through a centralized Teklif Verme trading method, with a repurchase amount of not less than 100 million, but not more than 150 million. The repurchased shares will be used entirely for cancellation and reduction of the company's registered capital. The repurchase price shall not exceed 70 yuan/share, with a term of 12 months from the date of approval by the shareholders' meeting, from February 10, 2025 to February 9, 2026. The source of funds is from the company's own funds or self-raised funds. As of the date of the announcement, the company's controlling shareholder and major shareholder have no plans to increase or decrease their holdings in the next 3 or 6 months.