NARI Technology Plans Up to 1 Billion Yuan Buyback as Multiple A-Share Companies Announce Repurchases

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On the evening of August 14, several A-share listed companies issued buyback announcements, with the repurchased shares to be used for equity incentives or employee stock ownership plans. NARI Technology plans to use its own funds to repurchase shares, with the amount no less than 500 million yuan and no more than 1 billion yuan, at a price not exceeding 35.17 yuan per share. The repurchased shares will be used for future equity incentive plans. Haozhi Electromechanical plans to repurchase shares with a total amount of no less than 100 million yuan and no more than 150 million yuan, at a price not exceeding 120 yuan per share, with the expected number of repurchased shares accounting for 0.27% to 0.41% of total share capital. Guangdong Hongda plans to repurchase shares 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, and has obtained a loan commitment letter from China Merchants Bank Guangzhou Branch, with the loan amount not exceeding 90% of the buyback amount.

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