WFHT Chairman Yin Zhenyuan proposed to spend 100 million to 150 million yuan to implement a buyback

WFHT Chairman Yin Zhenyuan proposed that the company repurchase a portion of its shares, planning to use 100 million to 150 million yuan of its own or self-raised funds to conduct the repurchase through centralized bidding transactions. The repurchase period is within 12 months from the date the plan is approved by the shareholders' meeting

According to the Zhitong Finance APP, WFHT (000581.SZ) announced that on April 9, 2025, the company's chairman, Mr. Yin Zhenyuan, received a letter regarding the proposal for Wuxi WFHT Group Co., Ltd. to repurchase some of its shares. Mr. Yin Zhenyuan proposed that the company use its own funds or self-raised funds to repurchase A-shares through centralized bidding, with a total repurchase amount of 100 million to 150 million yuan. The repurchase period is within 12 months from the date the repurchase plan is approved by the company's shareholders' meeting