Hygon Information Technology Chairman Proposes Share Buyback of 500 Million to 800 Million Yuan

Stock News10-18

Hygon Information Technology Co.,Ltd. (688041.SH) has announced that Mr. Li Jun, Chairman of the company, has proposed a share buyback using the company's own funds through centralized bidding transactions.

The total amount of funds for the share repurchase shall be no less than 500 million yuan (inclusive) and no more than 800 million yuan (inclusive), to be used for employee stock ownership plans or equity incentives.

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