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Beijing Junzheng: Controlling Shareholder Puts Forward Proposal for Company to Buy Back A-Shares Valued Between RMB 100 Million and RMB 200 Million
18 hour ago /
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Author：小编
On July 31, Beijing Junzheng made an announcement stating that Liu Qiang, the company's controlling shareholder, actual controller, and chairman, has proposed that the company repurchase its A-share shares via centralized bidding transactions. The proposed total amount for the repurchase is set to be no less than RMB 100 million and no more than RMB 200 million. The funds for this repurchase will be drawn from the company's internal reserves or self-raised capital. The primary purpose of acquiring these shares is to facilitate equity incentive programs or employee stock ownership plans.
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