The Zhitong Finance App learned that Huajian Future-B (06132)'s stock price was higher. As of press release, it had risen 10.07% to HK$29.5, with a turnover of HK$1,3093 million.

According to the news, Huajian Future issued an announcement this morning stating that the board of directors has decided to exercise the share repurchase authorization and plans to repurchase H shares on the open market from time to time during the authorization period, with a total amount not exceeding HK$100 million. The company claims that the current financial situation is sound, and that the current financial resources are sufficient to support business development and R&D investment while carrying out proposed share buybacks, and believes that the recent transaction price of H shares does not fully reflect the company's intrinsic value and long-term development prospects. The proposed share repurchases will be disbursed from internal resources and will not involve the proceeds from the listing.

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