Guolian Minsheng (01456) plans to invest 100 million to 200 million yuan to buy back A-shares.
Guolian Minsheng (01456) announced that in order to maintain the company's value and protect shareholders' rights, and to promote the company's healthy, stable, and sustainable development, based on confidence in the development prospects of China's capital market and recognition of the company's stock value, combined with the company's development strategy, operational status, and financial condition, the company plans to use its own funds to repurchase its A-shares. The total amount for the planned repurchase will have a lower limit of RMB 100 million (inclusive) and an upper limit of RMB 200 million (inclusive).
Guolian Minsheng (01456) announced that in order to maintain the company's value and protect shareholders' rights, and to promote the company's healthy, stable, and sustainable development, based on confidence in the prospects for the development of China's capital markets and recognition of the value of the company's stock, combined with the company's development strategy, operational status, and financial condition, the company plans to use its own funds to repurchase its A-shares. The lower limit for the total amount of the repurchase is RMB 100 million (inclusive), and the upper limit is RMB 200 million (inclusive).
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