Biwin Storage: Revises Share Repurchase Ceiling Price to RMB 467.82 per Share
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Author:小编   

Biwin Storage released an official announcement, indicating that, in light of the execution of the semi-annual equity distribution plan for 2026, the company has opted to revise the ceiling price for share repurchases. The original price of RMB 468.24 per share has been adjusted downwards to RMB 467.82 per share. This price modification will officially come into effect on September 18, 2026.
The company has earmarked a total fund range of RMB 200 million to RMB 250 million for this share repurchase initiative. The shares acquired through this process will be utilized to diminish the company's registered capital. The repurchase window is set within a 12-month timeframe, commencing from the date when the shareholders' meeting approves the repurchase plan.
It is noteworthy that, aside from the alteration to the maximum repurchase price, all other stipulations and conditions of the repurchase remain unaltered.