Chairman Yin Zhenyuan of Weifu High-Technology Group (000581.SZ) proposed a plan to repurchase shares totaling 100 million to 150 million yuan.

Weifu High-Technology Group (000581.SZ) announced that on April 9, 2025, the company received a letter from Mr. Yin Zhenyuan, the chairman of the company, proposing the repurchase of some of the company's shares. Mr. Yin Zhenyuan proposed that the company use its own funds or self-raised funds to repurchase A-shares through centralized bidding transactions, with a total amount of funds for repurchasing shares being 1 billion to 1.5 billion yuan. The repurchase period is within 12 months from the date when the repurchase plan is approved by the shareholders' meeting.