Huaqin Technology has declared that the company has, for the inaugural instance, bought back 1.057 million A-shares via centralized bidding transactions. These shares represent 0.0697% of the company's total share capital. The total cost of this repurchase amounted to RMB 79.6009 million, with the price per share fluctuating between RMB 74.80 and RMB 75.99. Earlier, the company had outlined its intention to allocate RMB 300 million to RMB 400 million from its own reserves for the purpose of share repurchases. These repurchased shares are earmarked for equity incentive programs or employee stock ownership plans.
