Core Viewpoint - Yanzhou Coal Mining Company Limited (兖矿能源) plans to repurchase its shares with a total investment of RMB 200 million to 500 million [1] Summary by Category Share Repurchase Plan - The company intends to repurchase shares with a total amount ranging from RMB 200 million to 500 million [1] - The repurchase will include A-shares amounting to RMB 50 million to 100 million and H-shares amounting to RMB 150 million to 400 million, with the final amount converted to Hong Kong dollars based on the exchange rate [1] Purpose and Terms - A-shares repurchased will be held as treasury stock for the company's equity incentive plan, with a duration of 3 years [1] - If the A-shares are not used for the equity incentive within 3 years, they will be canceled [1] - H-shares will be used to reduce the company's registered capital, and according to Chinese law, the relevant shares must be canceled within 10 days after the repurchase [1]
兖矿能源(01171.HK):拟回购2亿元-5亿元公司股份