Huayuan Holdings plans to repurchase shares for 50 million to 100 million yuan for employee stock ownership or equity incentives

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Huayuan Holdings announced that the company plans to repurchase shares through centralized bidding using its own funds and self-raised funds, with a total repurchase amount of no less than 50 million yuan and no more than 100 million yuan, and a repurchase price not exceeding 40 yuan per share. The repurchased shares will be used for employee stock ownership plans or equity incentives, and any unused portion will be cancelled within three years. The repurchase period shall not exceed 12 months from the date of approval by the board of directors.

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