Haozhi Electromechanical announced that it plans to repurchase the company's shares for no less than 100 million yuan and no more than 150 million yuan, at a repurchase price of no more than 120 yuan/share. The purpose of repurchasing shares is an equity incentive or employee stock ownership plan. Based on the maximum repurchase amount of 150 million yuan, the estimated number of shares to be repurchased is 1.25 million shares, accounting for about 0.41% of the current company's total share capital; based on the lower repurchase amount of 100 million yuan, the estimated number of shares to be repurchased is 833,300 shares, accounting for about 0.27% of the current total share capital of the company. The source of repurchase funds is own funds or self-financing, and the implementation period is 12 months from the date of review and approval by the board of directors.

Haozhi Electromechanical announced that it plans to repurchase the company's shares for no less than 100 million yuan and no more than 150 million yuan, at a repurchase price of no more than 120 yuan/share. The purpose of repurchasing shares is an equity incentive or employee stock ownership plan. Based on the maximum repurchase amount of 150 million yuan, the estimated number of shares to be repurchased is 1.25 million shares, accounting for about 0.41% of the current company's total share capital; based on the lower repurchase amount of 100 million yuan, the estimated number of shares to be repurchased is 833,300 shares, accounting for about 0.27% of the current total share capital of the company. The source of repurchase funds is own funds or self-financing, and the implementation period is 12 months from the date of review and approval by the board of directors.