000982SZSE

Progress Announcement on Share Buyback by Ningxia Zhongyin Rongye Co., Ltd.

China Bank of Wool Co., Ltd.··3 pages

✨ AI Summary

Ningxia Zhongyin Rongye Co., Ltd. announced its share buyback plan, approved on May 5, 2024, with a budget of between RMB 30 million and 40 million. As of June 30, 2024, the company has repurchased 36,616,200 shares, accounting for 0.86% of its total equity, at an average price of RMB 1.14 per share. The buyback aims to enhance shareholder value and investor confidence amidst stock price fluctuations.

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Full Translation

AI Translation· azure_openai

Ningxia Zhongyin Rongye Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

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