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Huakai Ebay announced that on July 29, 2026, the company received a “Letter on Proposal to Repurchase the Company's Shares” from the Chairman and General Manager Mr. Hu Fanjin. Mr. Hu Fanjin proposed that the company use its own or self-raised funds to repurchase some of the company's shares. The total repurchase capital is not less than RMB 30 million and no more than RMB 50 million. The price of the repurchased shares is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The purpose of repurchasing shares is necessary to maintain the company's value and shareholders' rights.

Zhitongcaijing·07/29/2026 10:17:05
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Huakai Ebay announced that on July 29, 2026, the company received a “Letter on Proposal to Repurchase the Company's Shares” from the Chairman and General Manager Mr. Hu Fanjin. Mr. Hu Fanjin proposed that the company use its own or self-raised funds to repurchase some of the company's shares. The total repurchase capital is not less than RMB 30 million and no more than RMB 50 million. The price of the repurchased shares is not higher than 150% of the average trading price of the company's stock in the 30 trading days before the board of directors deliberates and approves the repurchase plan. The purpose of repurchasing shares is necessary to maintain the company's value and shareholders' rights.