Summary
[Jingce Electronics: It is planned to repurchase not less than 100 million yuan and not more than 200 million yuan of company shares]Jingce Electronics (SZ 300567) announced on the evening of March 17 that Wuhan Jingce Electronics Group Co., Ltd. There are funds to repurchase part of the company’s public shares in the form of centralized bidding transactions for the implementation of employee stock ownership plans or equity incentives. The total amount of funds for the repurchase shall not be less than RMB 100 million and shall not exceed RMB 200 million (both inclusive). (Daily Economic News)
Precision Electronics(SZ 300567, closing price: 46.5 yuan) released on the evening of March 17announcementsaid, WuhanPrecision ElectronicsThe Group Co., Ltd. intends to use its own funds to conduct centralized bidding transactionsrepoPart of the company’s public shares are used to implement employee stock ownership plans or equity incentives. The total amount of funds for the repurchase shall not be less than RMB 100 million and shall not exceed RMB 200 million (both inclusive). The specific total amount of repurchase funds is subject to the total amount of funds actually used for the repurchase of shares when the repurchase period expires. The repurchase price shall not exceed RMB 75 per share. If the company pays dividends during the share repurchase period,Bonusex-rights and ex-dividend matters such as capital reserve conversion to share capital, from the date of ex-right and ex-dividend of the share price, in accordance with the China Securities Regulatory Commission and ShenzhensecuritiesThe relevant regulations of the exchange adjust the upper limit of the price of the repurchased shares accordingly. The repurchase period shall not exceed 12 months from the date when the board of directors of the company considers and approves this share repurchase plan.
From January to June 2021,Precision ElectronicsofOperating incomeThe composition is as follows: AOI optical detection system accounts for 40.23%, OLED detection system accounts for 27.67%, signal detection system accounts for 12.3%, flat panel display automation equipment accounts for 11.32%, and other businesses account for 8.48%.
The chairman and general manager of Jingce Electronics are Peng Qian, male, 48 years old, with a bachelor’s degree.
(Article source: Daily Economic News)
