Zhitong Finance App News, Huafeng Co., Ltd. (605100.SH) issued an announcement. The controlling shareholder of the company, Engineus Power Holding Inc. proposed that the company buy back some of the RMB common stock (A shares) shares already issued by the company through centralized bidding transactions through the Shanghai Stock Exchange trading system. The repurchases will be used for employee stock ownership plans or share incentives, or to protect the company's value and shareholders' rights. The total capital for repurchasing shares is not less than 15 million yuan (inclusive) and no more than 30 million yuan (inclusive).

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.