Hualan shares: intends to repurchase company's shares worth 100 million to 200 million yuan.

Hualan Co., Ltd. announced on the evening of June 24 that it plans to repurchase company shares through centralized competitive trading, with a total repurchase amount of no less than RMB 100 million and not more than RMB 200 million, and the repurchase price not exceeding RMB 45.50 per share. The repurchased shares will be used for cancellation and reduction of the company's registered capital, as well as employee shareholding plans or equity incentives. The repurchase period is not more than 12 months from the date of approval of the repurchase program by the company's shareholders meeting.