Summary by Moomoo AI
BYADI CO., LTD. ANNOUNCED THAT AN INTERIM GENERAL MEETING WILL BE HELD ON APRIL 19, 2024 TO REVIEW THE PLAN TO REPURCHASE THE COMPANY'S SHARES IN 2024. Based on confidence in the prospects for the new energy industry, the program is designed to maintain shareholder interests, enhance investor confidence, stabilize and enhance the value of the company. The share repurchase will be used for write-offs to reduce the registered capital, taking into account the company's operating, financial, R&D, debt performance and future development. The total amount of the repurchase capital is RMB 4 billion, and the number of shares is expected to be no less than 1,481,481 shares of A shares, representing approximately 0.05% of the total issued share capital. The repurchase...Show More