Zhitong Finance App News, Huahai Qingke (688120.SH) issued an announcement. On October 19, 2026, the board of directors of the company received a “Letter on Proposing Huahai Qingke Co., Ltd. to repurchase the company's shares” from Mr. Wang Tongqing, Chairman and General Manager of the company. Mr. Wang Tongqing proposed that the company use its own funds and/or self-raised funds to repurchase some RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shanghai Stock Exchange trading system. The total repurchase capital should not be less than 50 million yuan (inclusive) and no more than 100 million yuan (inclusive), and use the repurchase of shares for equity incentives at appropriate times in the future.

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