Gelonghui, Feb. 5 | Huawu Shares (300095.SZ) announced that the company plans to use its own funds to repurchase the company's shares through centralized bidding or as permitted by laws and regulations (hereinafter referred to as “this repurchase”) to implement employee stock ownership plans or equity incentive plans. The types of shares to be repurchased are A-share public shares issued by the company. The total repurchase amount is not less than RMB 50 million (inclusive) and not more than RMB 10,000 (inclusive), and the repurchase price is not more than RMB 10.00 per share (inclusive). Under the condition that the repurchase price of shares does not exceed 10.00 yuan/share (inclusive), the estimated number of shares to be repurchased is approximately 10.00 million shares, accounting for 2.38% of the current total share capital of the company, based on the maximum repurchase amount. Based on the minimum repurchase amount, the estimated number of shares to be repurchased is approximately 5.0 million shares, accounting for 1.19% of the company's current total share capital. The specific number of shares to be repurchased is based on the actual number of shares repurchased at the end of the repurchase period. The period for repurchasing shares shall be no more than 12 months from the date the board of directors of the company reviews and approves the repurchase plan.