Chanjet Information Technology Co. Ltd. to Repurchase and Cancel 3,541,694 Units

Reuters
Nov 05
Chanjet Information Technology Co. Ltd. to Repurchase and Cancel 3,541,694 Units

Chanjet Information Technology Co. Ltd. has announced a proposed repurchase and cancellation of 3,541,694 Domestic Shares under its Employee Share Ownership Scheme. The company also plans to reduce its registered capital as part of the transaction. The buyback is part of a connected transaction involving a share repurchase agreement with Yunzhi Jietong. The currency specified in the announcement is Renminbi (RMB).

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