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Zangge Mining: Plans to repurchase company shares worth 150 million to 300 million yuan

2024-08-11

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Meijing AI News,Zangge Mining (SZ 000408, closing price: 22.14 yuan) announced on the evening of August 9 that the company intends to use its own funds to repurchase some of the company's issued RMB common shares (A shares) through centralized bidding transactions. The repurchased shares will be used for cancellation to reduce the company's registered capital. The scale of funds for the proposed repurchase of shares: 150 million yuan (inclusive) - 300 million yuan (inclusive), and the specific total amount of repurchase funds shall be subject to the total amount of funds actually used to repurchase shares at the end of the repurchase period. The repurchase price shall not exceed 35.9 yuan per share (inclusive), and the upper limit of the repurchase price shall not exceed 150% of the average trading price of the company's shares in the thirty trading days before the board of directors deliberated and approved the resolution on this repurchase of shares. The implementation period of this repurchase of shares is within 12 months from the date on which the company's shareholders' meeting deliberated and approved this share repurchase plan.

From January to June 2024, the operating income structure of Zangge Mining was as follows: manufacturing accounted for 99.7%, and other businesses accounted for 0.3%.

As of press time, the market value of Zangge Mining was 35 billion yuan.


1. In the past 30 days, the northbound funds' holdings of Zangge Mining decreased by 1.5851 million shares, and the proportion of circulating shares decreased by 0.10%;
2. No organization has conducted research on Zangge Mining in the past 30 days.

Every headline (nbdtoutiao)——

(Reporter Zeng Jianhui)

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