Wang Luo China Securities Journal 2024-11-15 09:31

China Securities Network News (Wang Luo) On the evening of November 14, Huaxing Yuanchuang (688001), the "first share of the Science and Technology Innovation Board", announced that it intends to repurchase the company's shares in a centralized bidding transaction, with a repurchase amount of not less than 25 million yuan (inclusive) and no more than 50 million yuan (inclusive), and the repurchase funds come from the company's own funds, as well as the special loan for stock repurchase provided by the Suzhou Industrial Park Branch of Industrial and Commercial Bank of China Co., Ltd., and the special loan amount does not exceed 35 million yuan.

Huaxing Yuanchuang said in the announcement that the price range of the shares to be repurchased does not exceed 47 yuan per share. According to the upper limit of the repurchase amount of 50 million yuan, it is estimated that the number of repurchased shares will be about 1.0638 million shares, and the proportion of repurchased shares will account for about 0.24% of the company's total share capital; According to the calculation of the lower limit of 25 million yuan, the number of shares to be repurchased is expected to be about 531,900 shares, and the repurchase ratio accounts for about 0.12% of the company's total share capital.

According to public information, Huaxingyuan officially landed on the Science and Technology Innovation Board in July 2019 and is the "first stock on the Science and Technology Innovation Board", mainly engaged in flat panel display testing equipment, semiconductor testing equipment and wearable product assembly and testing equipment. For the purpose of repurchase, Huaxing Yuanchuang said in the announcement that it will be used to implement the employee stock ownership plan or equity incentive plan, which is conducive to further stabilizing expectations, strengthening confidence, and effectively enhancing the company's investment value.

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