Hubei Feilihua Quartz Glass (300395.SZ) Chairman Proposes Share Buyback of RMB50 Million to RMB100 Million
Feilihua (300395.SZ) announced that Mr. Shang Chunli, Chairman of the company, has proposed that the company use its own funds or self-raised funds to repurchase a portion of its issued RMB ordinary shares (A shares) through the Shenzhen Stock Exchange trading system by way of centralized bidding, and to use the repurchased shares for equity incentives or employee stock ownership plans at an appropriate time in the future. The total funds for the share repurchase shall be no less than RMB50 million (inclusive) and no more than RMB100 million (inclusive).
Hubei Feilihua Quartz Glass (300395.SZ) announced that Mr. Shang Chunli, Chairman of the company, has proposed that the company use its own funds or self-raised funds to repurchase a portion of its issued RMB ordinary shares (A-shares) through the centralized bidding trading method via the Shenzhen Stock Exchange trading system, and to use the repurchased shares for equity incentives or employee stock ownership plans at an appropriate time in the future. The total funds for the share repurchase shall be no less than RMB50 million (inclusive) and no more than RMB100 million (inclusive).
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