Zhitong Finance App News, Sanfu Xinke (688359.SH) issued an announcement. Mr. Shangguan Wenlong, the controlling shareholder, actual controller, chairman and general manager of the company, proposed that the company use centralized bidding transactions to repurchase some of the company's shares and use the aforementioned repurchase shares for employee equity incentives or employee stock ownership plans at an appropriate time in the future. The total capital for repurchasing shares shall not be less than RMB 20 million (inclusive) and not more than RMB 30 million (inclusive).

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.