Ningbo Donly controlling shareholder plans up to 200 million yuan share buyback with bank loan support
Ningbo Donly Co., Ltd. announced on September 23 that its controlling shareholder, Dongli Holding Group, plans to buy 100-200 million yuan of company shares via the Shenzhen Stock Exchange within six months, not exceeding 2% of total shares. The Bank of Communications Ningbo Branch has issued a loan commitment letter for up to 150 million yuan to support the purchase. The shareholder cites confidence in the company's intrinsic value and aims to boost investor confidence.
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Ningbo Dongli's controlling shareholder plans to buy up to 200 million yuan in shares
Ningbo Dongli Co., Ltd. announced on September 24 that its controlling shareholder, Dongli Holding Group Co., Ltd., plans to increase its stake in the company. The buyback, valued at between 100 million yuan and 200 million yuan, will not exceed 2% of the company's total shares. The purchase will be executed through the Shenzhen Stock Exchange's centralized bidding system within six months of the announcement. The controlling shareholder stated the move is based on recognition of the company's intrinsic value and confidence in its future stable development, aiming to protect shareholder interests and boost investor confidence. No price range has been set; the shareholder will decide based on stock price fluctuations and overall market conditions. Additionally, the Bank of Communications Co., Ltd. Ningbo Branch has issued a loan commitment letter to Dongli Holding, offering up to 150 million yuan in special loan support for the buyback, with a loan term of up to 36 months.
Ningbo Donly's controlling shareholder plans to buy 100-200 million yuan in shares, backed by 150 million yuan bank loan
On September 23, Ningbo Donly Co., Ltd. announced that its controlling shareholder, Donly Holding Group, plans to increase its stake in the company through Shenzhen Stock Exchange centralized bidding within six months. The planned total investment is between 100 million yuan and 200 million yuan, with the increase not exceeding 2% of the company's total share capital. No price range has been set; the purchases will be executed based on stock price fluctuations and market trends. The funds will come from a special stock-purchase loan and the shareholder's own funds. Donly Holding has received a loan commitment letter from Bank of Communications Ningbo Branch for up to 150 million yuan, with a loan term of up to 36 months. Before this plan, Donly Holding directly held 26.03% of the company, and together with its concert parties, held 42.96%. The shareholder stated the move is based on recognition of the company's intrinsic value and confidence in its future stable development, aiming to protect shareholder interests and boost investor confidence. The plan does not trigger a mandatory takeover offer and will not change the controlling shareholder or actual controller.
Read sourceNingbo Donly's controlling shareholder plans to buy 100-200 million yuan in shares
Ningbo Donly Co., Ltd. announced on the evening of September 23 that its controlling shareholder, Dongli Holding Group Co., Ltd., plans to increase its shareholding in the company through centralized竞价 trading on the Shenzhen Stock Exchange within six months from the date of this announcement. The proposed total增持 amount is no less than 100 million yuan and no more than 200 million yuan, with the增持比例 not exceeding 2% of the company's total share capital. The增持 will not have a price range. The funds for the增持 will come from a special stock增持 loan and自有资金. The Ningbo Branch of Bank of Communications Co., Ltd. has issued a loan commitment letter, providing a special loan of no more than 150 million yuan. Dongli Holding Group has committed not to reduce its shareholding in the company during the增持 period and the lock-up period.
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Ningbo Donly's Controlling Shareholder Plans to Buy Up to 200 Million Yuan in Shares
Ningbo Donly Co., Ltd. (002164.SZ) announced that its controlling shareholder, Dongli Holding Group Co., Ltd., plans to increase its stake in the company. The share purchase, to be conducted via centralized竞价 trading on the Shenzhen Stock Exchange, will total between 100 million yuan and 200 million yuan over the next six months, and will not exceed 2% of the company's total share capital. To facilitate this buyback, the Ningbo branch of Bank of Communications Co., Ltd. has issued a loan commitment letter to Dongli Holding, promising a special loan of up to 150 million yuan with a term not exceeding 36 months.
Read sourceNingbo Donly's controlling shareholder plans to buy 100-200 million yuan of shares
Ningbo Donly Co., Ltd. (002164.SZ) announced on September 23 that its controlling shareholder, Dongli Holding Group Co., Ltd., plans to increase its stake in the company over the next six months via Shenzhen Stock Exchange's centralized bidding system. The planned total investment is between 100 million yuan and 200 million yuan, with the increase not exceeding 2% of the company's total shares. No price range has been set; the shareholder will decide based on stock price movements and overall market trends. The Bank of Communications Co., Ltd. Ningbo Branch has issued a loan commitment letter to Dongli Holding, offering up to 150 million yuan in special loans for the share purchase, with a loan term of up to 36 months. The controlling shareholder cites recognition of the company's intrinsic value, confidence in its stable future growth, and a desire to protect shareholder interests and boost investor confidence.