Maxwell (GPU) Technology Co., Ltd.: Proposal from Actual Controller for Share Buyback in the Range of RMB 100 Million to RMB 200 Million
10 hour ago / Read about 0 minute
Author:小编   

On October 28, Maxwell (GPU) Technology Co., Ltd. (with the stock code 688802.SH) made an announcement. The company revealed that it had received a proposal from its actual controller and chairman, Chen Weiliang. According to the proposal, the company is considering utilizing funds amounting to between RMB 100 million and RMB 200 million, which could be either its own funds or raised funds, to repurchase a portion of its A-share shares. This repurchase would be carried out through centralized bidding transactions, with the purpose of facilitating employee equity incentive programs, implementing employee stock ownership plans, or reducing the registered capital of the company.