Inovance Technology’s largest shareholder plans up to 200 million yuan stake increase
Inovance Technology (300124.SZ) announced on September 24 that its largest shareholder, Shenzhen Inovance Investment Co., Ltd., plans to increase its stake by 150 million to 200 million yuan over six months via Shenzhen Stock Exchange methods. ICBC Shenzhen Branch committed a special buyback loan of up to 400 million yuan to support the purchase, combined with the shareholder’s own funds.
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Inovance Technology's Top Shareholder Plans to Buy Up to 200 Million Yuan in Shares
Inovance Technology (Shenzhen Inovance Technology Co., Ltd.) announced that its largest shareholder, Shenzhen Inovance Investment Co., Ltd., plans to increase its stake in the company. The buyback will be executed through centralized竞价 (competitive bidding) and block trades over the next six months. The total investment will be no less than 150 million yuan and no more than 200 million yuan. The funding will come from a combination of a special buyback loan and the shareholder's own funds. The Industrial and Commercial Bank of China (ICBC) Shenzhen Branch has committed to providing a special buyback loan of up to 400 million yuan to support the purchase.
Inovance Technology's largest shareholder plans to buy back 150-200 million yuan in shares
Inovance Technology (300124.SZ) announced on September 24 that its largest shareholder, Huichuan Investment, plans to increase its stake in the company over the next six months. The buyback will total between 150 million yuan and 200 million yuan, executed through centralized bidding or block trading. The funding will combine a special buyback loan with the shareholder's own funds. The Industrial and Commercial Bank of China (ICBC) Shenzhen branch has committed to providing up to 400 million yuan in a special buyback loan for this purpose.
Read sourceInovance Technology's Top Shareholder Plans to Buy Up to 200 Million Yuan in Shares
Inovance Technology (300124) announced on September 24 that its largest shareholder, Shenzhen Inovance Investment Co., Ltd., plans to increase its stake in the company over the next six months. The buyback will be executed through the Shenzhen Stock Exchange system, including methods such as centralized bidding and block trading. The total value of the share purchases will be no less than 150 million yuan and no more than 200 million yuan. The plan does not set a specific price range for the acquisitions. The announcement was reported by People's Financial News on September 24.
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Inovance Technology's largest shareholder plans to buy up to 200 million yuan in shares
Inovance Technology (300124) announced on September 24 that its largest shareholder, Shenzhen Inovance Investment Co., Ltd., plans to increase its stake in the company over the next six months. The share purchase, valued at no less than 150 million yuan and no more than 200 million yuan, will be conducted through methods permitted by the Shenzhen Stock Exchange, including centralized bidding and block trading. The plan does not set a price range for the purchases. The announcement was reported by People's Financial Information on September 24.
Read sourceInovance Technology's largest shareholder plans to buy back shares worth 1.5-2 billion yuan
Inovance Technology (300124) announced that its largest shareholder, Shenzhen Inovance Investment Co., Ltd., plans to increase its stake in the company. The buyback will be conducted through methods permitted by the Shenzhen Stock Exchange, including but not limited to centralized bidding and block trading. The total amount of the buyback is set at no less than 1.5 billion yuan and no more than 2 billion yuan. The plan is to be executed within six months from the date of the announcement. The announcement was reported by Shanghai Securities News, with reporter Luo Min.
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