B · Normal
[Hongxin Electronics: Plans to repurchase company shares for 300 million to 600 million yuan] On November 2, Hongxin Electronics (300657.SZ) announced that the company’s board of directors reviewed and approved the share repurchase plan and plans to use its own or self-raised funds to repurchase shares through centralized bidding for equity incentives or employee stock ownership plans. The total amount of repurchase funds shall not be less than 300 million yuan and shall not exceed 600 million yuan, the repurchase price shall not exceed 51 yuan/share, and the period shall be within 12 months from the date of review and approval by the board of directors.
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