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Lingyuan Iron & Steel (600231.SH): Director Zhang Peng proposed to repurchase part of the company's shares.
On April 14, Gelonghui announced that Lingyuan Iron & Steel (600231.SH) proposed, in order to maintain the company's value and shareholder rights, enhance investor confidence, and stabilize the capital markets, that the company's Chairman, Mr. Zhang Peng, suggested to repurchase some shares of the company through centralized bidding trade. The repurchased shares are intended to be used for implementing stock-based incentives and other purposes permitted by laws and regulations, with a total fund amount of 50 million to -100 million yuan for the buyback.
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