Suzhou HYC Technology (688001.SH) plans to repurchase 25 to 50 million yuan worth of shares, with a repurchase price not exceeding 47 yuan per share.

Announcement from Suzhou HYC Technology (688001.SH): The company plans to repurchase some of its issued A shares through centralized bidding trading, with the repurchase amount not less than RMB 25 million (inclusive) and not more than RMB 50 million (inclusive); the repurchase price shall not exceed RMB 47.00 per share. The repurchase period shall be within 12 months from the date of approval by the company's board of directors. The funds for this share repurchase will come from the company's own funds and a special stock repurchase loan provided by Industrial and Commercial Bank of China Suzhou Industrial Park Branch, with the loan amount not exceeding RMB 35 million.