Han Jianglong, chairman of Huahai Chengke (688535.SH), proposed that the company spend 20 million yuan to 50 million yuan to buy back shares

Zhitong Finance App News, Huahai Chengke (688535.SH) issued an announcement. On November 25, 2024, the board of directors of the company received the “Letter on Proposing Jiangsu Huahai Chengke New Materials Co., Ltd. to repurchase the company's shares” submitted by Mr. Han Jianglong, one of the company's actual controllers and chairman. Mr. Han Jianglong proposed that the company buy back some RMB common stock (A shares) already issued by the company through centralized bidding transactions. The total capital for the repurchase of shares is not less than 20 million yuan, no more than 50 million yuan. The repurchased shares are to be used for implementing employees at an appropriate time in the future Shareholding plans or equity incentives, or corporate bonds issued by listed companies that can be converted into shares. The specific use shall be determined by the board of directors of the company in accordance with relevant laws and regulations.