Grace Fabric Technology Co., Ltd.SSE: 603256

(603256)"Grace Fabric Technology Co., Ltd."Announcement on Share Repurchase Plan through Call Auction

· Issued by Grace Fabric Technology Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 603256 · · 8 pages · Chinese

Summary by 6ix AI

The plan aims to use repurchased shares for employee stock ownership plans or equity incentives, with a proposed buyback amount between two specified limits. The announcement includes risk factors that could affect the implementation of the buyback plan, emphasizing the need for careful monitoring of market conditions.

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

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