Chongqing Port announced that the company plans to repurchase shares through centralized competitive bidding for an amount between 20 million and 30 million yuan, to safeguard company value and shareholder interests. The repurchase price will not exceed 5.96 yuan per share. Meanwhile, the company's indirect controlling shareholder, Chongqing Logistics Group, plans to increase its shareholding through centralized competitive bidding, with the increase amount not less than 20 million yuan and not more than 30 million yuan, including the 3.0334 million yuan already increased on July 28. This increase plan does not set a price range.
Chongqing Gangjiu Co LtdCompany announces share buyback and controlling shareholder plans stake increase, both supporting stock price.
Indirect controlling shareholder plans to increase stake, signaling confidence.