Haibo Heavy Industries announced that the company plans to use centralized bidding transactions to sell some of the shares already repurchased from March 5, 2024 to May 16, 2024. The quantity will not exceed 547,200 shares, accounting for about 0.27% of the company's current total share capital. The sale period will be from November 4, 2026 to February 3, 2027. The price will be determined according to the secondary market price at the time of sale. The proceeds will be used to supplement working capital.

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.