Asymchem Laboratories (Tianjin) Co., Ltd. Class H (HK:6821) has released an update.
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Asymchem Laboratories (Tianjin) Co., Ltd. has approved the repurchase and cancellation of 1,680 restricted A shares following the resignation of an eligible participant, as per the terms of their 2020 Restricted A Share Incentive Scheme. The repurchase will be funded internally at the adjusted price of RMB102.46 per share, and the company assures that this transaction will not materially impact its financial position or affect the execution of its management duties.
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