This weekend, the listed Xiangqi Lens Technology Co.Ltd(300433) announced that for the first time, the company implemented the share repurchase by means of centralized bidding through the repurchase special securities account. The number of shares repurchased was 1352200, accounting for 0.03% of the company’s total share capital, the highest transaction price was 20.50 yuan / share, the lowest transaction price was 20.23 yuan / share, and the total amount paid was about 27.5569 million yuan (excluding transaction costs), This repurchase complies with the requirements of relevant laws and regulations and the company’s established repurchase plan.
According to public information, Lens Technology Co.Ltd(300433) is a listed enterprise mainly engaged in R & D and production of high-end window touch protective glass panels, new appearance protection materials, electronic functional components, terminal assembly and other related products and services. In 2015, Lens Technology Co.Ltd(300433) began to layout and expand the smart car business. At present, the company has developed and mass produced products including on-board electronic glass and components, on-board central control screen and other products around the smart cockpit and surrounding structural parts, and has established long-term and stable strategic cooperative relations with more than 20 Auto customers. In addition, Lansi also took advantage of its own process innovation, accumulation of technical reserves, and unique understanding and precipitation of the application of glass as a material product to seize the development opportunities in the field of new energy photovoltaic and enhance the company’s core competitiveness. It is not difficult to find that Lens Technology Co.Ltd(300433) actively expands the second and third growth poles of the company’s development through its layout in the new energy vehicle business and photovoltaic field.
The reporter learned that the repurchase plan previously launched by Lens Technology Co.Ltd(300433) is based on confidence in the company’s future development prospects and recognition of the company’s value; Repurchased shares are used in employee stock ownership plans or equity incentive plans, which is also conducive to promoting the long-term and healthy development of the company. Analysts believe that with the continuous expansion of Lens Technology Co.Ltd(300433) production scale and new products, it is an inevitable choice to deeply bind core technical talents for common development, which also demonstrates the management’s confidence in the future development of the company. In addition, the company implemented the repurchase for the first time in the current market environment and said that it would continue to implement the repurchase plan within the repurchase period according to the market conditions, which undoubtedly provides strong confidence support for the market.
As of the closing on January 14, Lens Technology Co.Ltd(300433) closed at 20.22 yuan / share.
