Sanhua Intelligent Controls Plans to Repurchase A-Shares for 200 Million to 400 Million Yuan

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Sanhua Intelligent Controls announced that the company plans to use its own funds to repurchase its A-shares through centralized bidding. The repurchase amount will be no less than 200 million yuan and no more than 400 million yuan, with a repurchase price not exceeding 60 yuan per share. The repurchased shares will be used for future equity incentive plans or employee stock ownership plans. The implementation period is within 12 months from the date of approval by the board of directors.

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Others▲ · 1 stocks
Zhejiang Sanhua Co Ltd
002050
▲ PositiveCapitalrelevance

Company announces share repurchase plan of 200-400 million yuan, signaling confidence and supporting stock price.

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