Foxconn Industrial Internet announced plans to repurchase shares for no less than 1 billion yuan and no more than 2 billion yuan, with a maximum buyback price of 103 yuan per share. The company said its share price has fallen by a cumulative 20 percent over the past twenty consecutive trading days, and the buyback aims to safeguard shareholder interests and boost investor confidence. The repurchased shares will be used for sale, and any unsold portion after the deadline will be cancelled. Yushen Intelligent plans to use surplus raised funds of 15 million to 30 million yuan for a buyback, to be used for employee stock ownership plans or equity incentives, with a maximum buyback price of 46.28 yuan per share. Honggong Technology plans a buyback of 60 million to 90 million yuan, also for employee stock ownership plans or equity incentives, with a maximum buyback price of 100 yuan per share. In addition, Dongxing Medical made its first buyback of 408,000 shares for a total amount of 9.8568 million yuan; Tiannai Technology made its first buyback of 312,000 shares for a total payment of 10.0156 million yuan.
Foxconn Industrial Internet Co LtdAnnounced share buyback of at least 1 billion yuan to boost investor confidence.
Jiangsu Canopus Wisdom Medical Technology Co. Ltd. AMade first buyback of 408,000 shares for 9.8568 million yuan.
Ongoal Technology Co., Ltd.
Jiangsu Cnano Technology Co Ltd