Hwatsing Technology (688120.SH) Chairman proposes to repurchase company shares for RMB 50 million to RMB 100 million.
Hwatsing Technology (688120.SH) announced that on October 19, 2026, the company's board of directors received a letter from Mr. Wang Tongqing, the company's chairman and general manager, titled "Letter Regarding the Proposal to Repurchase Company Shares of Hwatsing Technology Co., Ltd." Mr. Wang Tongqing proposed that the company use its own funds and/or self-raised funds to repurchase part of its issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system by way of centralized bidding, with the total repurchase amount not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive), and that the repurchased shares be used for equity incentives at an appropriate time in the future.
Hwatsing Technology (688120.SH) announced that on October 19, 2026, the company's board of directors received a letter from Mr. Wang Tongqing, the company's chairman and general manager, titled "Letter Regarding the Proposal to Repurchase Company Shares of Hwatsing Technology Co., Ltd." Mr. Wang Tongqing proposed that the company use its own funds and/or self-raised funds to repurchase part of its issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system by way of centralized bidding. The total amount of repurchase funds shall be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). The repurchased shares will be used for equity incentives at an appropriate time in the future.
Related Articles
After a nearly 40% decline, JPMorgan upgrades Intel Corporation (INTC.US) to "Neutral": AI computing demand becomes the key to a turnaround.
HUAJIN INTL (02738): Certain subsidiaries of the Group have become parties to a total of 53 newly initiated civil enforcement proceedings.
RIBOLIFE-B (06938) intends to acquire the remaining 49.71% equity interest in Ribocure Pharmaceuticals AB.
After a nearly 40% decline, JPMorgan upgrades Intel Corporation (INTC.US) to "Neutral": AI computing demand becomes the key to a turnaround.
HUAJIN INTL (02738): Certain subsidiaries of the Group have become parties to a total of 53 newly initiated civil enforcement proceedings.
RIBOLIFE-B (06938) intends to acquire the remaining 49.71% equity interest in Ribocure Pharmaceuticals AB.
