Quzhou Development: The controlling shareholder proposes to repurchase company shares with 100 million to 200 million yuan

NightAirdropper · 2026-02-12T10:49:49+00:00

Quzhou Development(600208.SH) Announcement: The company will repurchase some A-shares through its controlling shareholder, Quzhou Zhibao, with an amount not less than 100 million yuan and not exceeding 200 million yuan. The purpose is to maintain the company's value and shareholders' rights and interests. The repurchased shares will be used for sale within 36 months; if not used, they will be canceled.

NightAirdropper

2026-02-12 10:49:49

Abstract generation in progress

Gelonghui, February 12 — Quzhou Development (600208.SH) announced that the company has received a proposal from its controlling shareholder, Quzhou Zhibao, to repurchase some of the company’s RMB ordinary shares (A-shares) through the Shanghai Stock Exchange trading system via centralized bidding with its own funds. The total repurchase amount will not be less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive). The repurchased shares will be fully used to maintain the company’s value and shareholders’ interests, and will be sold later through centralized bidding trading. If the above use cannot be implemented within 36 months after the share repurchase is completed, or if the repurchased shares are not fully used for the above purposes, the unused portion will be canceled after completing relevant procedures.

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