On the evening of July 24, Huachuang Yunxin revealed the protected share repurchase plan. It plans to repurchase the company's shares within 3 months after review and approval by the board of directors, for an amount of 100 million yuan to 200 million yuan, making it the sixth Shanghai brokerage firm to disclose plans to repurchase shares since June. The reporter noticed that recently, a number of brokerage firms in Shanghai have introduced share repurchases, shareholder holdings increases, and proposed mid-term dividend plans, etc. Of these, the maximum amount to be repurchased and increased holdings does not exceed 1.26 billion yuan. Most of the repurchases are for cancellation or market protection.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.