Wugu Grinder (01837.HK) approved a share incentive plan and plans to repurchase up to 20 million shares from the market.

Zhtng Cijng APP News, Wg Mfng (01837.HK) has announced that as of the date of this announcement, the board of directors has resolved and approved a share incentive plan to purchase shares under the reward plan. Accordingly, the company will, in accordance with the plan rules and within its limits, instruct and urge the trustee to purchase the company's existing shares from the open market from time to time, with a total not exceeding 20 million shares.