Cecep Solar Energy to hold bondholders meeting on share repurchase
Cecep Solar Energy has announced its intention to convene a bondholders' meeting to seek approval for applying simplified procedures following its decision to repurchase company shares. The meeting, scheduled for July 7-11, 2025, will address a proposal tied to a share repurchase plan approved by the company's board and shareholders in April and May 2025. The plan involves using CN¥100 million to CN¥200 million of company funds and dedicated loans to repurchase A-shares through centralized bidding, which will then be cancelled to reduce registered capital. The repurchase price will not exceed CN¥6.63 per share.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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