Shanghai Phoenix: Plans to repurchase no more than 20 million B-shares

2026-03-30 03:32:36

Shanghai Phoenix announced that it plans to repurchase shares through a centralized bidding method, with the number of shares to be repurchased not exceeding 20 million shares, and the repurchase price not exceeding $0.450 per share, which is expected to be used for cancellation and reduction of the company’s registered capital.

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