Changxin Memory Technologies (CXMT) Chairman Cai Guozhi proposed repurchasing the company's A-shares and H-shares
Changxin Memory Technologies (CXMT) Chairman Cai Guozhi proposed repurchasing the company's A-shares and H-shares. The total amount for A-share repurchases would be no less than RMB 500 million and no more than RMB 800 million, to be used for employee stock ownership plans and/or equity incentive plans. The total amount for H-share repurchases would be no less than HKD 300 million and no more than HKD 600 million, to be used for cancellation and/or held as treasury shares.
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