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Beingmate announces share repurchase plan to boost confidence

May 6, 2025 at 05:00 AM UTCBy FilingReader AI

Beingmate (SZSE:002570) announced it will repurchase shares using its own funds, borrowed funds, and dedicated repurchase loans. The repurchase will be executed via centralized bidding. The goal is to implement equity incentives or employee stock ownership plans. The company aims to repurchase between 16,556,300 and 33,112,600 shares, or 1.53% to 3.07% of its total share capital as of April 29, 2025. The repurchase price will not exceed CNY 9.06 per share. The maximum capital used will be CNY 300 million, while the minimum will be CNY 150 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:002570Shenzhen Stock Exchange
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