Huichuan Technology: plans to repurchase shares of 100 million to 200 million yuan for employee stock ownership or stock incentives.

Huichuan Technology announced that the company plans to use its own funds to repurchase some of the publicly held shares through centralized bidding trading. The total amount of this repurchase will not be less than 100 million RMB and not more than 200 million RMB; the repurchase price will not exceed 85 RMB per share. The repurchased shares will be used for implementing employee stock ownership plans or equity incentives.