Greentown Management Holdings Company Ltd. announced a voluntary on-market share repurchase under its Share Repurchase Mandate. The Company, authorized by its shareholders to repurchase up to 201,000,000 shares, aims to enhance shareholder value. This move reflects the Company's confidence in its business prospects and financial stability, supported by abundant cash reserves and steady operating cash flow. The share repurchase decision highlights the Company's strategy to leverage current trading prices, which do not fully capture its intrinsic value and growth potential.
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