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Longsys: Major Shareholder Puts Forward a Share Buyback Plan Worth 400-800 Million Yuan
10 hour ago /
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Author：小编
On July 23rd, Longsys disclosed that its principal shareholder, who also serves as the actual controller, chairman, and general manager—Cai Huabo—has suggested repurchasing the company's shares via centralized bidding transactions, utilizing either personal or self-raised funds. The proposed buyback will range from a minimum of 400 million yuan to a maximum of 800 million yuan. The repurchased shares are earmarked for equity incentive programs or employee stock ownership schemes.
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