The actual controller of Huitong Holdings (603409.SH) proposed to repurchase the company's shares of 20 million yuan to 40 million yuan

Zhitong Finance App News, Huitong Holdings (603409.SH) issued an announcement. Chen Wangbao, the company's actual controller and chairman, proposed that the company use its own or self-raised funds to repurchase RMB common stock (A shares) shares issued by the company through centralized bidding transactions through the Shanghai Stock Exchange stock trading system. The repurchased shares are intended to be used for employee equity incentives/employee stock ownership plans or to reduce the company's registered capital. The total repurchase capital is not less than 20 million yuan (inclusive) and no more than 40 million yuan (inclusive).