Huawu Co., Ltd. announced that the company plans to use its own funds and/or self-raised funds to repurchase shares to implement employee stock ownership plans or equity incentive plans. The total repurchase amount is not less than 80 million yuan and no more than 150 million yuan, and the repurchase price is no more than 12 yuan/share. According to the upper limit of the repurchase amount, it is estimated that 12.5 million shares will be repurchased, accounting for 3.17% of the total share capital; based on the lower limit, 6.6667 million shares are expected to be repurchased, accounting for 1.69%. The repurchase period is 12 months from the date of review and approval by the board of directors.

Huawu Co., Ltd. announced that the company plans to use its own funds and/or self-raised funds to repurchase shares to implement employee stock ownership plans or equity incentive plans. The total repurchase amount is not less than 80 million yuan and no more than 150 million yuan, and the repurchase price is no more than 12 yuan/share. According to the upper limit of the repurchase amount, it is estimated that 12.5 million shares will be repurchased, accounting for 3.17% of the total share capital; based on the lower limit, 6.6667 million shares are expected to be repurchased, accounting for 1.69%. The repurchase period is 12 months from the date of review and approval by the board of directors.