Wolong Electric Chairman Proposes Share Buyback Worth Up to 100 Million Yuan

Stock News07-21

In a recent announcement, Wolong Electric Group Co.,Ltd. (600580.SH) disclosed that its Chairman, Pang Xinyuan, has put forward a proposal for the company to repurchase a portion of its issued A-shares.

The buyback is to be conducted using the company's own capital through the centralized bidding trading system of the Shanghai Stock Exchange. The plan involves repurchasing the company's ordinary shares (A-shares) and subsequently utilizing these shares for equity incentive plans or employee stock ownership plans at an opportune time in the future.

The total amount allocated for the share repurchase is set to be no less than 50 million yuan and no more than 100 million yuan.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131246196?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-21 16:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131246196","market":"sg","top_or_hot":-1,"title":"Wolong Electric Chairman Proposes Share Buyback Worth Up to 100 Million Yuan","media":"Stock News","content":"<p>In a recent announcement, <b>Wolong Electric Group Co.,Ltd.</b> (<b>600580.SH</b>) disclosed that its Chairman, Pang Xinyuan, has put forward a proposal for the company to repurchase a portion of its issued A-shares.<br><br>The buyback is to be conducted using the company's own capital through the centralized bidding trading system of the Shanghai Stock Exchange. The plan involves repurchasing the company's ordinary shares (A-shares) and subsequently utilizing these shares for equity incentive plans or employee stock ownership plans at an opportune time in the future.<br><br>The total amount allocated for the share repurchase is set to be no less than 50 million yuan and no more than 100 million yuan.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wolong Electric Chairman Proposes Share Buyback Worth Up to 100 Million Yuan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWolong Electric Chairman Proposes Share Buyback Worth Up to 100 Million Yuan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-07-21 16:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>In a recent announcement, <b>Wolong Electric Group Co.,Ltd.</b> (<b>600580.SH</b>) disclosed that its Chairman, Pang Xinyuan, has put forward a proposal for the company to repurchase a portion of its issued A-shares.<br><br>The buyback is to be conducted using the company's own capital through the centralized bidding trading system of the Shanghai Stock Exchange. The plan involves repurchasing the company's ordinary shares (A-shares) and subsequently utilizing these shares for equity incentive plans or employee stock ownership plans at an opportune time in the future.<br><br>The total amount allocated for the share repurchase is set to be no less than 50 million yuan and no more than 100 million yuan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0061","symbol_name":"机器人","start_time":0,"source_url":"","article_id":"1131246196","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131246196","pubTimestamp":1784623491,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"In a recent announcement, Wolong Electric Group Co.,Ltd. (600580.SH) disclosed that its Chairman, Pang Xinyuan, has put forward a proposal for the company to repurchase a portion of its issued...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"600580":"卧龙电驱","BK0061":"机器人","BK0188":"融资融券","BK0070":"员工持股","BK0002":"高铁","BK0012":"证金概念","BK0224":"电气机械","BK0028":"国家队"},"translate_title":"卧龙电气董事长提议回购价值高达1亿元的股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600580":1},"content_text":"In a recent announcement, Wolong Electric Group Co.,Ltd. (600580.SH) disclosed that its Chairman, Pang Xinyuan, has put forward a proposal for the company to repurchase a portion of its issued A-shares.The buyback is to be conducted using the company's own capital through the centralized bidding trading system of the Shanghai Stock Exchange. The plan involves repurchasing the company's ordinary shares (A-shares) and subsequently utilizing these shares for equity incentive plans or employee stock ownership plans at an opportune time in the future.The total amount allocated for the share repurchase is set to be no less than 50 million yuan and no more than 100 million yuan.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131246196","isCrawlerRequest":true}