Tongling Jingda Special Magnet Wire Co., Ltd.SSE: 600577

(600577)"TONGLING JINGDA SPECIAL MAGNET WIRE CO., LTD."Plan for Repurchasing Shares through Call Auction

· Issued by Tongling Jingda Special Magnet Wire Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 600577 · · 7 pages · Chinese

Summary by 6ix AI

Tongling Jingda Special Magnet Wire Co., Ltd. has announced a plan to repurchase shares through a call auction method. The repurchase amount is set to be between a specified minimum and maximum, funded by the company's own or raised funds. The shares will be used for employee stock ownership plans or equity incentives, with a maximum repurchase price based on recent trading averages. The implementation period for this repurchase plan is within a year from the board's approval.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

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