Today, Qi An Xin Technology Group Inc(688561) issued an announcement on the plan of repurchasing the company’s shares by means of centralized bidding transaction. The announcement shows that within six months from the date when the board of directors of the company deliberated and approved the repurchase plan, it is planned to repurchase shares with 150 million yuan to 300 million yuan, and the repurchase price shall not exceed 80 yuan / share. The capital source of this repurchase of shares is the company’s own funds.
In addition, the repurchased shares will be fully used for employee stock ownership plan or equity incentive at an appropriate time in the future, and will be transferred within three years after the announcement of the implementation results of share repurchase and share change; If the shares repurchased this time cannot be transferred within three years after the implementation result of share repurchase and the announcement date of share change, the company will perform the procedures of reducing the registered capital according to law, and the non transferred shares will be cancelled.
As of September 30, 2021 (Unaudited), Qi An Xin Technology Group Inc(688561) total assets are 12.763 billion yuan, net assets attributable to shareholders of listed companies are 9.082 billion yuan, and monetary funds are 3.643 billion yuan. According to the calculation of the upper limit of the repurchase fund of 300 million yuan, accounting for 2.35%, 3.30% and 8.23% of the above financial data respectively.
