Hengtong Optoelectronics: The reward fund has spent 49.98 million yuan to purchase company stocks through a trust.

date
02/12/2025
Hengtong Optoelectronics announced on December 2 that the company has formulated the "Management Measures for the Provision of Reward Funds from 2023 to 2027" in order to mobilize and give full play to the enthusiasm and creativity of directors, executives, technology research and development and core technical personnel, and business backbone. The company has allocated a reward fund of 126 million yuan for the year 2024. On December 1 and 2, 2025, the company purchased company stocks on the secondary market through Huacan TrustHengtong Optoelectronics Employee Incentive Services Trust Special Account, with a total purchase of 49.9803 million yuan, an average purchase price of 19.92 yuan per share, totaling 2.5094 million shares, with the remaining funds of 75.8873 million yuan. Apart from retaining necessary expenses, the company plans to continue buying company stocks on the secondary market by May 19, 2026.