CENTURY HUATONG(SZ:002602) Zheng Quan Zhi Xing·2025-06-19 12:57Core Points - Zhejiang Century Huatong Group Co., Ltd. has announced a plan for a directed buyback and cancellation of performance compensation shares, which was approved in meetings held on May 30, 2025, and June 19, 2025 [1][2] - The company will repurchase a total of 126,627,700 shares at a total price of RMB 1.00, which represents a significant portion of the company's total share capital prior to the buyback [2] - The buyback will lead to a reduction in the company's registered capital, and creditors have a 30-day period from notification to claim their debts or request guarantees [2][3] Company Information - The company will apply to the China Securities Depository and Clearing Co., Ltd. for the cancellation of the performance compensation shares and will fulfill its information disclosure obligations after the implementation is completed [4] - Creditors must provide valid documentation to assert their claims, and the submission period for claims is from June 20, 2025, to August 3, 2025 [3][4]