Chairman of Aviation Materials Co., Ltd. (688563.SH) proposes to repurchase company shares worth 50 million to 100 million yuan.

Zhixin Finance APP News, Hangcai Stock (688563.SH) announced that the company's board of directors received a letter from Mr. Yang Hui, the chairman of the company, on November 10, 2025, proposing to repurchase company shares. Mr. Yang Hui proposed that the company use the excess funds to repurchase shares through centralized bidding trading, with a total repurchase amount of no less than 50 million yuan and not exceeding 100 million yuan. The purpose of the share repurchase is to reduce registered capital and use it for employee stock ownership plans and equity incentives.