Zhitong Finance App News, Haowei Group (00501) 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 maintain 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, corporate 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 Sustained, stable returns. The company plans to use its own funds and/or self-raised funds to repurchase some A shares of the public sector through centralized bidding transactions to implement employee stock ownership plans or equity incentive plans.

The price of this repurchase is no more than RMB 120 per share (inclusive), and the total capital to be repurchased will not be less than RMB 250 million (inclusive) and not higher than RMB 500 million (inclusive).

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