AOHAI TECHNOLOGY: The chairman proposed to repurchase shares worth 40 million to 80 million yuan
AOHAI TECHNOLOGY announced that the company's chairman, Liu Hao, proposed to repurchase company shares on April 15, 2025. The total amount for the repurchase will not be less than RMB 40 million and not more than RMB 80 million. The funds will come from the company's own funds or self-raised funds, and the repurchased shares will be used for employee stock ownership plans or equity incentives. The proposer had reduced their holdings of the company's shares within six months prior to the proposal, but there are currently no plans to increase or decrease shareholdings during the repurchase period. The company will formulate a share repurchase plan in a timely manner based on the proposal and fulfill its information disclosure obligations
