Shanxi Huhua Group (003002.SZ) plans to repurchase company shares worth 19 million to 20 million yuan.

Shanxi Huhua Group (003002.SZ) announced that the company plans to use its own funds to repurchase some of its shares through centralized bidding, for the purpose of implementing equity incentive or employee stock ownership plans in the future. The total amount of this repurchase shall be no less than RMB 19 million and no more than RMB 20 million, with the repurchase price not exceeding RMB 30.00 per share. The implementation period shall not exceed 12 months from the date of approval by the board of directors.