---
title: "CHANGHONG HUAYI plans to repurchase company shares for 150 million to 300 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239340427.md"
description: "According to the Zhitong Finance APP, CHANGHONG HUAYI announced that the company plans to use its own funds and a special loan for repurchase to buy back some shares through centralized bidding. These shares will be used for equity incentives at an appropriate time in the future. The total amount of funds for this share repurchase will not be less than RMB 150 million (inclusive) and not more than RMB 300 million (inclusive), with a maximum repurchase price of RMB 9.8 per share. The repurchase period will be within 12 months from the date the company's board of directors approves this repurchase plan"
datetime: "2025-05-08T11:54:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239340427.md)
  - [en](https://longbridge.com/en/news/239340427.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239340427.md)
---

# CHANGHONG HUAYI plans to repurchase company shares for 150 million to 300 million yuan

According to the announcement from Zhitong Finance APP, CHANGHONG HUAYI (000404.SZ) plans to use its own funds and a special loan for repurchase to buy back some shares through centralized bidding. These shares will be used for equity incentives at an appropriate time in the future. The total amount of funds for this share repurchase will not be less than RMB 150 million (inclusive) and not more than RMB 300 million (inclusive), with a maximum repurchase price of RMB 9.8 per share. The repurchase period will be within 12 months from the date the company's board of directors approves this repurchase plan

### Related Stocks

- [000404.CN](https://longbridge.com/en/quote/000404.CN.md)

## Related News & Research

- [Exclusive: Marjorie Taylor Greene Warns Social Security Will Go ‘Bankrupt’—But Wall Street CIO Backs Scott Bessent Amid 30-Year Yield Surge](https://longbridge.com/en/news/296329487.md)
- [Sabre-backed study shows 54% of travelers already use AI for trip planning](https://longbridge.com/en/news/296371843.md)
- [FirstRand Bank lists ZAR 24 million structured product notes on JSE](https://longbridge.com/en/news/296356655.md)
- [05:30 ETBest Branson Budget Vacation Packages (2026): Westgate Resorts Rated Top Affordable Getaway for Families by Consumer365](https://longbridge.com/en/news/296332053.md)
- [Thales, Systematic partner to boost Danish air defense capabilities](https://longbridge.com/en/news/296363485.md)