Giant Network Group Co.Ltd(002558) 3 announced on the evening of March 16 that in order to effectively safeguard the interests of the majority of shareholders, enhance investor confidence, effectively improve the return on investment of the company’s shareholders, further improve the company’s long-term incentive mechanism, fully mobilize the work enthusiasm of the company’s managers and core teams, and effectively promote the long-term development of the company, The company plans to use its own funds to buy back the company’s shares in the form of centralized bidding, and the repurchased company shares will be used for equity incentive or employee stock ownership plan. The total repurchase fund shall not exceed 600 million yuan (inclusive) and not be less than 300 million yuan (inclusive), and the repurchase price shall not exceed 15 yuan / share (inclusive).
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