Guangdong Hongda plans to buy back shares for 50 million to 100 million yuan

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Guangdong Hongda announced that the company plans to buy back shares through centralized bidding, with a total amount of no less than 50 million yuan and no more than 100 million yuan, at a price not exceeding 41.85 yuan per share, for equity incentives or an employee stock ownership plan. The company has obtained a loan commitment letter from the Guangzhou branch of China Merchants Bank, with the loan amount not exceeding 90% of the buyback amount.

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