On March 14, Anshan Hifichem Co.Ltd(300758) issued an announcement, based on the recognition of the company’s future development prospects and internal value, and in order to safeguard the interests of the majority of shareholders, enhance the confidence of investors, further improve the company’s long-term incentive mechanism, fully mobilize the enthusiasm of the company’s senior managers, core and backbone personnel, and effectively integrate the interests of shareholders Combine the interests of the company with the personal interests of the core team to promote the long-term development of the company. Considering the company’s financial status, operation status and future profitability, according to relevant regulations, the company plans to buy back some social public shares with its own funds through centralized bidding transaction for the later implementation of employee stock ownership plan or equity incentive plan.
The company plans to buy back part of the public shares with its own funds through centralized bidding transaction for the later implementation of employee stock ownership plan or equity incentive plan. The total capital of this share repurchase shall not be less than 100 million yuan and not more than 200 million yuan, and the repurchase price shall not exceed 19.60 yuan / share.
The company said that this share repurchase reflects the firm confidence of the management in the company’s internal value and future development plan, is conducive to protecting the interests of all shareholders, especially small and medium-sized shareholders, enhancing investor confidence and improving the value of the company’s shareholders; This share repurchase is used for equity incentive or employee stock ownership plan, which is conducive to establishing and perfecting a long-term incentive mechanism, attracting and retaining talents, effectively combining the interests of shareholders, the company and employees, and helping the long-term development of the company.
