Beijing Sifang Automation Co., Ltd.SSE: 601126

(601126)"BEIJING SIFANG AUTOMATION CO., LTD."Announcement on Implementation of Repurchase and Cancellation of Certain Restricted Shares

· Issued by Beijing Sifang Automation Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 601126 · · 4 pages · Chinese

Summary by 6ix AI

Beijing Sifang Automation Co., Ltd. announced the implementation of a repurchase and cancellation of certain restricted shares due to the departure of an incentive plan participant. The repurchase price has been adjusted following a cash dividend distribution to shareholders, resulting in a new price per share. Following the cancellation, the company's total shares will decrease, but the ownership structure will remain compliant with listing requirements.

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

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