Aerospace Huanyu (688523.SH) plans to buy back the company's shares for 20 million yuan to 40 million yuan

Zhitong Finance App News, Aerospace Huanyu (688523.SH) announced that the company plans to use part of the overfunded capital obtained from the initial public offering of RMB common shares to buy back some of the company's issued RMB common shares (A shares) through the Shanghai Stock Exchange trading system through centralized bidding transactions. The repurchase is based on maintaining the company's value and shareholders' rights. The share repurchase amount is not less than 20 million yuan (inclusive) and no more than 40 million yuan (inclusive). The share repurchase price is not more than 50 yuan/share (inclusive).