Zhuzhou CRRC Times Electric Co (HK:3898) has released an update.
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Zhuzhou CRRC Times Electric Co. has announced plans to repurchase up to 10% of its H shares, aiming to enhance capital market value and demonstrate confidence in its business outlook. The company will use its own funds for the buyback, with a maximum price set for the shares. This move is seen as a positive step to create value for shareholders.
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