Guangzhou Ankai Microelectronics' actual controller proposes to repurchase shares with an amount of 15 million to 25 million yuan for equity incentives

Log in to Sina Finance App and search for 【Information Disclosure】 to see more evaluation levels

On March 26, Guangzhou Ankai Microelectronics Co., Ltd. (hereinafter referred to as “Ankai Micro”) announced that the company’s actual controller, chairman, and general manager NORMAN SHENGFA HU (Hu Shengfa) proposed on March 25 that the company repurchase some A-shares with its own funds, with a total repurchase amount between 15 million yuan and 25 million yuan, and all repurchased shares are intended to be used for implementing a new round of equity incentives or employee stock ownership plans.

Proposal Background: Based on Confidence in Development and Recognition of Value

The announcement shows that the core reason for Hu Shengfa’s proposal to repurchase is “confidence in the company’s future development and recognition of the company’s value.” This move aims to protect shareholders’ interests, strengthen investor confidence, and deepen the alignment of interests among shareholders, the company, and employees through improved long-term incentive mechanisms.

It is understood that the repurchased shares will be conducted through centralized bidding on the Shanghai Stock Exchange, with a repurchase period of 12 months from the date the board of directors approves the repurchase plan.

Core Parameters of the Repurchase Plan

Proposer and Subsequent Arrangements

As the company’s actual controller, chairman, and general manager, Hu Shengfa has not bought or sold any company shares in the six months prior to the proposal, and has no clear plan for increasing or decreasing holdings during the repurchase period. He promises to actively promote the company to convene a board meeting to review the repurchase matter as soon as possible.

The board of Ankai Micro stated that, based on recent stock price conditions and operational development plans, it will study and formulate the repurchase plan as soon as possible and submit it to the board for review. The announcement also reminds that this repurchase is subject to relevant approval procedures, and there are uncertainties in implementation. Investors should be aware of investment risks. The company will continue to disclose the progress of the repurchase and fulfill its information disclosure obligations.

(Source: Company Announcement)

Disclaimer: The market has risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information appearing in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

Click to view the original announcement>>