Hongmian Zhihui Science and Technology Innovation (000523.SZ) plans to repurchase company shares worth 50 million to 100 million yuan.

Hongmian Zhihui Science And Technology Innovation (000523.SZ) announced that the company plans to use its own funds to repurchase some of the company's publicly traded shares through centralized bidding trading, in order to maintain the company's value and shareholder equity. The repurchase amount will not be less than RMB 50 million (including) and not more than RMB 100 million (including), and the repurchase price will not exceed RMB 3.68 per share (including). The repurchase period shall not exceed 3 months from the date of approval of this share repurchase plan by the company's board of directors.