Central Shares(SZ 002129, closing price: 39.45 yuan) Released on the evening of January 11announcementsaid, Tianjin CentralsemiconductorThe joint stock limited company intends to use its own funds to conduct centralized bidding transactionsrepoCompany shares, used as employee stock ownership plans or equity incentives. The repurchased shares will be used to implement employee stock ownership plans or equity incentives. The total amount of funds to be used for the repurchase this time is no less than RMB 355 million and no more than RMB 391 million, and the source of funds is its own funds. The price of the shares repurchased this time is not more than RMB 61.55 per share (inclusive), which is not more than 150% of the average trading price of the company’s shares in the 30 trading days before the resolution of the company’s board of directors to repurchase shares. The implementation period of this share repurchase is within 12 months from the date when the board of directors reviewed and approved the share repurchase plan.
According to the 2021 semi-annual report,Central Shares‘s main business issemiconductorPV industry,semiconductorThe material and device industry, other industries, and service industries accounted for 93.68%, 5.37%, 0.88%, and 0.07% of revenue, respectively.
Central SharesThe chairman of the board is Li Dongsheng, male, 65 years old, with a bachelor’s degree; the general manager is Shen Haoping, male, 60 years old, with a bachelor’s degree.
(Source: Daily Economic News)
Article source: Daily Economic News
Responsible editor: 10
Original title: Zhonghuan Shares: It is planned to repurchase company shares of not less than 355 million yuan and not more than 391 million yuan
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