Zhitong Finance App News, Huaqin Technology (03296) announced that, based on firm confidence in the company's future development prospects and high recognition of the company's long-term value, in order to protect the interests of investors, especially small and medium-sized investors, enhance investor confidence, and further improve the company's long-term incentive mechanism, fully mobilize the enthusiasm of the company's management team, core backbone and outstanding employees, enhance team cohesion and competitiveness, and effectively combine shareholders' interests, company interests and the personal interests of the core team, so that all parties can work together to create greater value for the company's long-term development and bring greater value to shareholders For continuous and stable returns, the company plans to use its own funds to repurchase some RMB common stock (A shares) shares already issued by the company in China through centralized bidding transactions to implement employee stock ownership plans or equity incentives.

The repurchase price is no more than RMB 100 per share (inclusive), and the total amount of the proposed repurchase capital is not less than RMB 150 million (inclusive) and not more than RMB 200 million (inclusive).

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