Deye Technology Receives Up to 200-Million-Yuan Share Buyback Proposal

MT Newswires Live

09/09

Ningbo Deye Technology (SHA:605117) received a proposal from chair and actual controller, Zhang Hejun, to buy back between 100 million yuan and 200 million yuan of its shares.

The solar-plus-storage products manufacturer said it will study the matter promptly and formulate a reasonable repurchase plan, according to a Wednesday filing with the Shanghai bourse.

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