Summary by Moomoo AI
From 11 January to 17 January 2024, Zhuzhou Zhongshan Electric Corporation (“Time Electric”) repurchased on the Hong Kong Stock Exchange a total of 4,696,800 shares of H shares representing 0.33% of the total issued share capital and 0.88% of the total number of H shares issued on the Hong Kong Stock Exchange under a general mandate authorized by the General Meeting and the Class Shareholders' Meeting 6% and the total amount of funds involved is approximately HK$98,558,789.24. The repurchase of H shares was delisted on April 16, 2024, reducing the number of issued shares of Era Electric to 1,411,540,112 shares, comprising 542,632,600 shares of H shares and 868,907,512 shares of A shares. Chairman of the Board Li Donglin confirmed the delisting action on the same day.