Sinotruk(SZ 000951, closing price: 12.44 yuan) released on the evening of May 27announcementsay,SinotrukGroup Jinan Truck Co., Ltd. plans to use its own funds to conduct centralized bidding transactionsrepoPart of the company’s A shares for implementationEquity incentiveIf the company fails to implement the plan, the shares repurchased by the company will be cancelled according to law and the registered capital will be reduced. The price of this repurchase shall not exceed RMB 16.44 per share (inclusive), and the number of repurchased shares is expected to be no less than 0.5% of the company’s total share capital and no more than 1% of the total share capital, that is, no less than approximately 5.87 million shares (inclusive). ) and no more than approximately 11.75 million shares (inclusive); the total amount of funds used for repurchase shall not exceed RMB 193 million (inclusive). The specific number of shares repurchased and the total amount of repurchase funds are subject to the actual number of shares repurchased and the total amount of funds used when the repurchase period expires. The time limit for the repurchase of shares is within 12 months from the date when the board of directors of the company considers and approves the repurchase plan.
From January to December 2021,SinotrukofOperating incomeThe composition is as follows: the automobile manufacturing industry accounts for 100.0%.
SinotrukThe general manager of the company is Zhao Hejun, male, 54 years old, with a master’s degree.
(Article source: Daily Economic News)
Article source: Daily Economic News
Responsible editor: 65
Original title: China National Heavy Duty Truck: It plans to repurchase no less than about 5.87 million shares and no more than about 11.75 million shares of the company
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