Huaming Equipment Plans to Buy Back Shares for 150 Million to 250 Million Yuan

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Huaming Equipment announced that the company plans to use its own or self-raised funds to buy back company shares through centralized bidding, with a total repurchase amount of no less than 150 million yuan and no more than 250 million yuan, and a repurchase price not exceeding 22.96 yuan per share. The shares bought back this time will be used to implement an employee stock ownership plan or equity incentives, and the repurchase period is within 12 months from the date the board of directors approves the plan.

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Huaming Power Equipment Co Ltd
002270
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Huaming Equipment plans to buy back 150-250 million yuan of its own shares for employee stock ownership/equity incentives.