Share prices double tong wei repurchase shares suspended

Solar photovoltaic (pv) net news: due to the price rise too fast, always in the highest repurchase price, after the buyback period more than half, tong wei shares is still not implement the buyback.

25 October 2018, wei technology board reviewed and adopted the 'about to buy back shares by way of centralized competitive trading plan', the company with their own money for subsequent equity incentive plan or repurchase of shares in a company shares source of employee stock ownership plan. Repo amount not less than RMB 200 million yuan and not more than RMB 1 billion yuan, the repurchase price is not more than RMB 7. 00 yuan/share.

on October 25, 2018, tong wei technology opening price is 5. 6 yuan, the closing price is 5. 93 yuan, up to 2. 95%. After the disclosure of the buyback plan, tong wei technology shares all the way up, as of press time share price is 11. 23 yuan, on October 25, 2018 shares, up about 1 times.

given the current stock price is far higher than the highest repurchase price, tong wei technology said the company will be according to the management measures of the repurchase of listed companies the social public shares Trial) ', 'on listed companies to buy back shares by way of centralized competitive trading supplementary provisions and the implementing rules for the Shanghai stock exchange listed company to buy back shares and other rules and the buyback plan of the company, in the repurchase price is not more than 7 yuan/shares, according to the market situation will include the buyback.

at present, tong wei technology has released 2018 annual performance forecast, is expected to net profit of 20. 1. 2 billion yuan & ndash; 21. 1. 3 billion yuan, increased 0% year-on-year & ndash; 5%; The net profit to 18. 6. 4 billion yuan & ndash; 20. - 6 billion yuan, compared with the change 5% - 5%. Tong wei, chief financial officer of science and technology are now a Yuan Shihua, 2017 salary for 103. 860000 yuan.

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according to the set consulting set the state of new energy, new energy research center network ( EnergyTrend) The latest data, the mainland polycrystalline silicon material for an average of RMB 72 in January 2019. 4 / KG, more than the average price of RMB 75 in December 2018. 5 / KG to reduce the 4. 11%; Single crystal materials in January for an average of RMB 79. 2 / KG, and last month, compared to RMB 81 / KG down 2. 22%. The China of polycrystalline silicon material 1 month for an average of US $8. In December 953 / KG, more than the average US $9. 39 / KG reduced 4. 65%