Hengrun Stock: intends to repurchase no more than 90,000,000 yuan of shares

Jinshi data, November 21 news, Hengrun shares announced that the company plans to repurchase shares through centralized Bidding trading to implement equity incentives or employee stock ownership plans. The total amount of the repurchase funds is not less than 50 million yuan and not more than 90 million yuan, and the repurchase price does not exceed 20 yuan per share. The repurchase period is within 12 months from the date of the board's approval of the plan. Shareholders of more than 5% of the company, Yifan Fund and Mr. Cheng Li, have no plan to reduce their holdings in the next 3 months or 6 months.