He Xing Packaging: Plans to repurchase shares worth 50-100 million yuan.
Hexion Packaging Announcement: The company plans to repurchase shares through centralized bidding with its own funds and self-raised funds. The repurchase amount will be no less than 50 million yuan and not more than 100 million yuan, at a repurchase price not exceeding 4.67 yuan per share. It is estimated that the repurchased shares will be approximately 10.7066-21.4133 million shares, accounting for approximately 0.90%-1.79% of the company's current total share capital. The repurchased shares are intended to be used for the implementation of an employee shareholding plan or equity incentive plan. If the above purposes are not implemented within 36 months, the unused portion will be cancelled and the registered capital reduced in accordance with the law.
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