Xingtong Shipping Co., Ltd.SSE: 603209

(603209)"XINGTONG SHIPPING CO., LTD."Announcement on Repurchase and Cancellation of Certain Shares under the 2024 Employee Stock Ownership Plan, Reduction of Registered Capital and Notice to Creditors

· Issued by Xingtong Shipping Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603209 · · 3 pages · Chinese

Summary by 6ix AI

Xingtong Shipping Co., Ltd. announced a share repurchase and cancellation under its employee stock ownership plan, which will reduce its registered capital. The company plans to repurchase shares that did not meet performance targets, resulting in a decrease in total shares and registered capital. Creditors are notified of their rights regarding the company's capital reduction and the process for claiming debts. The announcement includes details on how creditors can submit claims and the timeline for doing so.

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

On 6ix: 6ix.com/news/603209xingtong-shipping-co-ltdannouncement-on-repurchase-and-cancellation-of-certain-shares-under-the-2024-employee-stock-ownership-plan-reduction-of-registered-capital-and-notice-to-creditors

Release

Announcement on Repurchase and Cancellation of Certain Shares under the 2024 Employee Stock Ownership Plan, Reduction of Registered Capital and Notice to Creditors

The abstract is for reference only. Please refer to the full text of the announcement on the very day.

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