Summary by Futu AI
Goldwind Science& Technology Co., Ltd. announced that it will repurchase the company's A shares through centralized competitive trading to be used for employee shareholding plans and/or stock-based incentive plans. The repurchase funds are from the company's own funds, totaling between RMB 0.25 billion and 0.5 billion yuan, with a repurchase quantity not exceeding 42.25 million shares, and a maximum repurchase price of RMB 11.40 per share. The repurchase plan was approved at the extraordinary general meeting of shareholders held on September 19, 2024, with an implementation period of 12 months. The company emphasizes that this move aims to further improve the long-term incentive mechanism, enhance the enthusiasm of core employees, and promote the company's long-term development. Goldwind Science& Technology also ensures that this repurchase will not affect the company's debt performance and sustainable operation capabilities.