Sugon: Chairman Proposes Share Buyback of 300 Million to 500 Million Yuan

36Kr learned that Sugon announced its board received a proposal from Chairman and General Manager Li Jun to use self-raised funds to repurchase the company's A-shares via centralized bidding trading. The total amount for the share buyback will not be less than 300 million yuan nor exceed 500 million yuan, with the repurchased shares intended for employee equity incentives or employee stock ownership plans.