Guangbo shares: Intends to reduce centralized bidding by no more than 1,820,800 shares of repurchased shares.

date
22/12/2025
Broadway Group announced that the company held a board meeting on December 22, 2025, and agreed to reduce the repurchased shares by no more than 1,820,800 shares through centralized bidding, accounting for 0.34% of the total share capital. The reduction will be carried out within three months after 15 trading days from the date of the announcement. From July to October 2024, the company completed the repurchase of 1,820,800 shares with a total transaction amount of 8,512,600 yuan. The proceeds from the reduction will be used to supplement working capital, and will not result in changes in controlling rights or total share capital, nor will it affect current profits. In addition, the former director, Ren Hangzhong, reduced his holdings by 10.5372 million shares from June to August 2025, accounting for 1.97%.