Sanhua Intelligent Control (002050.SZ) controlling shareholder proposed to repurchase the company's A shares with an amount of 2 billion to 4 billion yuan.

China Fortune Financial APP News, Sanhua Intelligent Control (002050.SZ) announced that the company's controlling shareholder, Sanhua Holdings Group Co., Ltd., proposed that the company repurchase its own A shares with its own funds, for the purpose of subsequent equity incentive plans or employee stock ownership plans. The proposal suggests that the repurchase price ceiling should not exceed RMB 60.00 per share, with a total repurchase amount of no less than RMB 200 million and no more than RMB 400 million.