Xinjiang Goldwind Science & Technology Co (HK:2208) has released an update.
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Xinjiang Goldwind Science & Technology Co., Ltd. has announced its plan to repurchase a portion of its A shares, with an investment between RMB 250 million and RMB 500 million, at a price not exceeding RMB 11.40 per share. The repurchase is aimed to support the company’s employee stock ownership plan and equity incentive scheme, intended to boost long-term development and employee motivation. The repurchase period is within 12 months following approval at the company’s general meeting, with a maximum of 42.25 million shares, accounting for 1.00% of the total share capital, to be acquired.
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