SFHN: Share repurchase has not yet been implemented

Zhitong
2025.09.03 09:38

SFHN announced that as of August 31, 2025, the company has not yet implemented share repurchases. The company plans to use its own funds and special loan funds for share repurchase to repurchase its A-shares through centralized bidding, for the purpose of cancellation and reduction of the company's registered capital. The total amount of funds for this repurchase will not be less than RMB 250 million and not exceed RMB 500 million, with a repurchase price not exceeding RMB 4.95 per share. The repurchase period is within 12 months after the company's first extraordinary general meeting of shareholders in 2025 approves this share repurchase plan