Hitec announced that the company plans to buy back shares through centralized bidding for equity incentives or employee stock ownership plans. The total repurchase capital is not less than 20 million yuan and no more than 30 million yuan, and the repurchase price is not more than 33.12 yuan/share. Based on the upper and lower limits of the repurchase amount, the estimated number of shares to be repurchased is 603,900 to 905,800 shares, accounting for 0.61% to 0.91% of the company's total share capital. The repurchase period is 12 months from the date the board of directors reviews and approves the repurchase plan. The source of funding is own funds or self-financing. As of the disclosure date of the announcement, the company had not received plans to reduce the holdings of directors, supervisors, controlling shareholders, actual controllers and shareholders holding 5% or more of the shares during the repurchase period. There is a risk of uncertainty in this repurchase, such as the stock price exceeding the upper limit of the repurchase price and the failure to successfully implement the plan.

Zhitongcaijing · 2d ago
Hitec announced that the company plans to buy back shares through centralized bidding for equity incentives or employee stock ownership plans. The total repurchase capital is not less than 20 million yuan and no more than 30 million yuan, and the repurchase price is not more than 33.12 yuan/share. Based on the upper and lower limits of the repurchase amount, the estimated number of shares to be repurchased is 603,900 to 905,800 shares, accounting for 0.61% to 0.91% of the company's total share capital. The repurchase period is 12 months from the date the board of directors reviews and approves the repurchase plan. The source of funding is own funds or self-financing. As of the disclosure date of the announcement, the company had not received plans to reduce the holdings of directors, supervisors, controlling shareholders, actual controllers and shareholders holding 5% or more of the shares during the repurchase period. There is a risk of uncertainty in this repurchase, such as the stock price exceeding the upper limit of the repurchase price and the failure to successfully implement the plan.