Zhitong Finance App News, Haowei Group (603501.SH) announced that the company plans to use its own funds and/or self-raised funds to repurchase some of the company's A shares of the public public shares through centralized bidding transactions to implement employee stock ownership plans or equity incentives. The share repurchase amount is not less than RMB 250 million (inclusive), not more than RMB 500 million (inclusive), and the share repurchase price is not higher than RMB 120 yuan/share (inclusive).

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