Tengya Fine Industrial: Plans to reduce the number of shares held by no more than 365,200 shares that have been repurchased.

date
18/06/2026
Tengya Precision announced that the company plans to reduce its repurchased shares through centralized bidding trading, with a quantity not exceeding 365,200 shares, during the period from July 13th to October 12th, 2026. The reduction price will be determined based on the secondary market price, and the proceeds will be used to supplement working capital. This reduction will not result in changes to the company's controlling rights or total share capital, and will not have a significant impact on its operations, finances, or future development. Previously, the company's controlling shareholder and controlling shareholder have already implemented reductions. The timing, quantity, and price of the reductions are uncertain, and the company will fulfill its disclosure obligations.