Zhongchuang Zhiling announced that Chairman Jiao Chengyao proposed that the company use its own funds or self-raised funds to repurchase some A shares through centralized bidding to cancel and reduce the company's registered capital and implement equity incentives/employee shareholding plans. The total repurchase capital is not less than RMB 300 million and not more than RMB 400 million. Mr. Jiao Chengyao has plans to increase his holdings in the company during the share repurchase period. The amount of shares to be increased is 5 million yuan to 7.5 million yuan for A shares.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.