HK Stock Market Move | Goldwind Science & Technology's stock (02208) rose by over 3%, planning to repurchase A-shares worth no more than 5 billion yuan.

Goldwind Science & Technology (02208) rose by over 3%, as of the press release, it has increased by 3.14%, reaching 17.1 Hong Kong dollars, with a turnover of 145 million Hong Kong dollars. In terms of news, on April 29, Goldwind Science & Technology announced that the company plans to use its own funds to repurchase some of its A shares in a centralized auction trading manner (this repurchase), and the repurchased shares will be cancelled and the company's registered capital will be reduced. According to the upper limit of the repurchase amount of RMB 500 million (inclusive), and the upper limit of the repurchase price of RMB 39.84 per share (inclusive), it is estimated that the number of shares repurchased will be approximately 12.5502 million shares, accounting for approximately 0.30% of the company's total current share capital. According to the lower limit of the repurchase amount of RMB 300 million (inclusive), and the upper limit of the repurchase price of RMB 39.84 per share (inclusive), it is estimated that the number of shares repurchased will be approximately 7.5301 million shares, accounting for approximately 0.18% of the company's total current share capital. The specific number of repurchased shares will be based on the actual number of shares repurchased at the end of this repurchase.