Hainan Huatrain (603300.SH) plans to repurchase shares worth 200 million to 300 million yuan.

The Zhixin Finance and Economics APP News reported that Hainan Huate Electric (603300.SH) announced that the company plans to repurchase shares worth 2 billion to 3 billion yuan, and the repurchase price shall not exceed 15.95 yuan per share. The repurchase will be used to implement an employee stock ownership plan or equity incentive.