On June 17th, GeLongHui announced that hitevision co., ltd. (002955.SZ) plans to repurchase shares through the Shenzhen Stock Exchange trading system using a centralized bidding trading method. The repurchased company's shares are intended to be used for employee stock ownership plans or stock-based incentive plans. The total amount of funds for the repurchase of shares is not less than RMB 50 million (inclusive) and not more than RMB 100 million (inclusive). The repurchase price does not exceed 35.00 yuan/share. Based on the upper limit of the repurchase amount and assuming that the repurchase price does not exceed 35.00 yuan/share, it is estimated that the number of repurchased shares will be approximately 2,857,142, accounting for about 1.21% of the company's total share capital as of June 14, 2024; based on the lower limit of the repurchase amount, it is estimated that the number of repurchased shares will be approximately 1,428,572, accounting for about 0.60% of the company's total share capital as of June 14, 2024. The specific number of repurchased shares shall be subject to the actual number of repurchased shares at the end of the repurchase period. The repurchase period is within 12 months from the day when the board of directors approves the repurchase plan.