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Asymchem Laboratories (Tianjin) Co., Ltd. Class H ( (HK:6821) ) has provided an update.
Asymchem Laboratories (Tianjin) Co., Ltd. has completed the repurchase of 12,300,701 A shares, representing 3.6161% of its total A Shares, through centralized price bidding using self-owned funds. This strategic repurchase aims to implement the company’s employee share ownership plan and share incentive scheme, as well as to cancel and reduce registered capital. The repurchase will not alter the company’s controlling shareholders or have a material impact on its operating results, ensuring compliance with Shenzhen and Hong Kong stock exchange regulations.
More about Asymchem Laboratories (Tianjin) Co., Ltd. Class H
Asymchem Laboratories (Tianjin) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the pharmaceutical industry. The company is focused on providing advanced chemical and biopharmaceutical services, including drug development and manufacturing solutions, with a market focus on enhancing employee share ownership and incentive schemes.
YTD Price Performance: 8.84%
Average Trading Volume: 208,978
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$30.39B
See more data about 6821 stock on TipRanks’ Stock Analysis page.
