Chairman and President Wang Ping of Lianhe Chemical Technology (002250.SZ) proposed to allocate 40 to 80 million yuan for a share repurchase.

Lianhe Chemical Technology (002250.SZ) announced that on February 11, 2025, the company received a letter from Chairman and President Ms. Wang Ping proposing a share repurchase. Ms. Wang proposed that the company repurchase some of its issued Class A shares through centralized competitive trading, with the total amount of funds for repurchasing shares not less than RMB 40 million (inclusive) and not more than RMB 80 million (inclusive). The repurchase period shall be within 12 months from the date when the company's board of directors approves the repurchase plan.