Huamao Stock Announcement: The company plans to use its own funds to repurchase some of the publicly traded shares through centralized bidding. The total amount of repurchase is no less than 48-96 million yuan, and the repurchase price is not more than 4.80 yuan/share. The expected range of repurchased shares is between 10 million and 20 million shares, accounting for 1.06% to 2.12% of the total share capital of the company. The repurchased shares will be sold through centralized bidding 12 months after the disclosure of the repurchase results and shareholding changes announcement, and will be completed within three years.
华茂股份：拟回购股份4800万元-9600万元
Anhui Huamao Textile: Plans to repurchase shares with a total amount of 48-96 million yuan.
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