News Snapshot:
“There is no arrangement for the shares that have been repurchased to be invested in the disclosed employee stock ownership plan, and the company does not use the previously disclosed repurchase plan to hype the stock price and cooperate with shareholders to reduce their holdings.” On the evening of July 20, Jinke Co., Ltd. (SZ000656, stock price 2.57 yuan, market value 13.7 billion yuan) issued a reply to the Shenzhen Stock Exchange’s annual report inquiry letter. In response to whether the relevant arrangements in the Shenzhen Stock Exchange’s previous inquiry letter may affect the company’s solvency and continuing operations, Jinke...
