Securities code: Hangzhou Mdk Opto Electronic Corporation Limited(688079) securities abbreviation: Hangzhou Mdk Opto Electronic Corporation Limited(688079) Announcement No.: 2022012
Hangzhou Mdk Opto Electronic Corporation Limited(688079)
Announcement on the progress of repurchasing the company's shares by means of centralized bidding transaction
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Hangzhou Mdk Opto Electronic Corporation Limited(688079) (hereinafter referred to as "the company") held the 20th meeting of the first board of directors on March 2, 2022, deliberated and adopted the proposal on repurchase of shares of the company through centralized bidding transaction, and agreed that the company would use its own funds to repurchase some issued and listed RMB common shares (A shares) through centralized bidding transaction for equity incentive. The total amount of funds the company intends to use for this repurchase shall not be less than 20 million yuan (inclusive) and not more than 40 million yuan (inclusive), and the repurchase price shall not exceed 21 yuan / share. The implementation period of this repurchase shall not exceed 12 months from the date when the board of directors of the company deliberates and approves this repurchase plan. For details, please refer to the website of Shanghai Stock Exchange (www.sse. Com. CN.) on March 9, 2022 And the report on repurchase of shares of the company through centralized bidding transaction disclosed by the designated media (Announcement No.: 2022008).
As of March 31, 2022, the company has not yet started to repurchase.
The company will choose the opportunity to implement the repurchase within the repurchase period in strict accordance with the relevant provisions of the rules for share repurchase of listed companies and the company's repurchase plan and market conditions, and timely perform the obligation of information disclosure according to the repurchase progress. Please pay attention to the investment risks.
It is hereby announced.
Hangzhou Mdk Opto Electronic Corporation Limited(688079) board of directors April 11, 2022
