According to the Zhitong Finance App, Tianhua Xinneng (300390.SZ) announced that the company plans to use its own funds or self-raised funds to repurchase RMB common stock (A shares) shares already issued by the company through centralized bidding transactions to implement employee stock ownership plans or equity incentives. The total share repurchase capital is not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive). The repurchase price is not more than RMB 61 per share. The implementation period for the repurchase of shares is within 12 months from the date the board of directors deliberates and approves the share repurchase plan.

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