Jingfeng Mingyuan to Buy Back RMB 60-120 Million in Shares at Up to RMB 239.71
Jingfeng Mingyuan (688368) announced on August 5 a plan to repurchase its own shares for RMB 60 million to RMB 120 million using its own funds. The buyback aims to safeguard company value and shareholder interests, with a per-share price cap of RMB 239.71. The repurchase plan was formally disclosed on the same day.
Jingfeng Mingyuan announced on August 5 its plan to repurchase its own shares using its own funds, with a total repurchase amount ranging from RMB 60 million to RMB 120 million. The purpose of the buyback is to safeguard company value and shareholder interests, with a maximum repurchase price of RMB 239.71 per share.
The announcement specifies the exact execution price range for the buyback. The company's stock code is 688368, and the repurchase plan was formally disclosed on August 5.
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