Industry Wealth Link: Plans to buy back shares worth 500-1 billion yuan, with a total repurchase of 247 million yuan.
Industrial Fulian announced that the company plans to use its own funds of 500 million to 1 billion RMB to repurchase shares through centralized bidding trading, with an implementation period from April 30, 2025 to April 29, 2026, to reduce registered capital. Due to the implementation of the 2024 annual equity distribution, the repurchase price limit was adjusted from not exceeding 20 RMB per share to not exceeding 19.36 RMB per share, and then adjusted to not exceeding 75 RMB per share. As of a certain time in 2025, the company has repurchased a total of 9.3199 million shares, accounting for 0.05% of the total share capital, with a repurchase amount of 247.07 million RMB, and a repurchase price range of 18.40-63.40 RMB per share.
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