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Linyang Energy plans to implement the second phase of the repurchase plan from 300 million yuan to 600 million yuan
| Time: January 9, 2020 08:42:40 China Finance |
. On January 8, the company's board of directors reviewed and approved the second phase of the proposal for repurchasing shares through centralized bidding. The company's repurchase amount is not less than 300 million yuan and not more than 600 million yuan. The repurchase price does not exceed RMB 7.17 per share. The shares to be repurchased will be used to convert corporate bonds issued by the company
into convertible shares.