FilingReader Intelligence
Hainan Mining to repurchase shares, reduce capital
March 12, 2025 at 05:10 PM UTC•By FilingReader AI
Hainan Mining Co., Ltd. (SSE:601969) has announced that it will repurchase shares for cancellation to reduce its registered capital. The decision, approved at board and shareholder meetings in February and March 2025, will see the company utilize between RMB 75 million and RMB 150 million of its own funds and special loan for stock repurchases. The shares will be bought through the Shanghai Stock Exchange's trading system via centralized bidding.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
SSE:601969•Shanghai Stock Exchange
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