Maihe Co. Plans to Buy Back Shares Worth 60 Million to 90 Million Yuan for Equity Incentives

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Maihe Co. announced that the company plans to use its own funds to buy back shares through centralized bidding. The total buyback amount will be no less than 60 million yuan and no more than 90 million yuan, with a buyback price not exceeding 25 yuan per share. The repurchased shares will be used for equity incentives or an employee stock ownership plan. The buyback period is within six months from the date the board of directors approves the plan.

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