Huasheng Lithium Battery: Intends to raise the upper limit of the share buyback price from 32 yuan per share to 150 yuan per share.
Hua Sheng Lithium Battery announced that on March 24, 2025, the company plans to use 50-100 million yuan of its own funds and loans to repurchase shares for employee shareholding plans or equity incentives, with a repurchase price not exceeding 32 yuan per share, for a period of 12 months. As of the date of the announcement, the company has repurchased a total of 2.0095 million shares, accounting for 1.26% of the total share capital, with a total payment of 42.2095 million yuan. Due to the recent increase in the stock price exceeding the repurchase price limit, on January 26, 2026, the company decided to raise the repurchase price limit to 150 yuan per share, with no change in other terms and no need for shareholder approval. If the stock price continues to exceed the limit, the repurchase plan may not be implemented.
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