Huaming Equipment (002270.SZ) plans to repurchase company shares for RMB 150 million to RMB 250 million.

Zhitong Finance APP News, Huaming Equipment (002270.SZ) announced that the company plans to use its own or self-raised funds to repurchase some of its issued RMB ordinary shares (A shares) from the secondary market through centralized bidding, for the implementation of an employee stock ownership plan or equity incentive. The funds for this share repurchase shall be no less than RMB 150 million and no more than RMB 250 million, the repurchase price shall not exceed RMB 22.96 per share, and the repurchase period shall be within 12 months from the date of approval by the board of directors.