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Morning-Ming paper rises 2% expected boost from repurchase H-Share gain

Source: Internet
Author: User
Keywords RMB shareholder meeting
Tags accounting company total
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In the first quarter, Chen Ming paper, which earned 98% of its earnings of 7.85 million yuan, was slightly built this morning, with shares now up 2.18% to HK $4.68, or 155,500 shares, or a rise in equity gains from the repurchase of H-shares and cancellation plans. According to the company's latest announcement, the shareholders ' meeting decided to authorize the Board to repurchase part of its H shares within the 10% per cent of the total number of shares issued, and to cancel repurchase shares after the implementation of the repurchase.　　The company currently has a total of 391.27 million shares, the largest of which is 39.127 million shares, accounting for about 1.9% of the total share capital. Yesterday, the opening shareholder will suspend the chenming paper A shares (000488-CN) has also risen 3.03% to 7.47 yuan

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