Three Hua Smart Control (02050) controlling shareholder proposes to repurchase 200 million to 400 million yuan worth of A shares.

Intelligence Finance APP News, Sanhua Intelligent Control (02050) announced that based on the confidence in the continuous and stable development in the future and the recognition of the company's value, in order to thank the management team and core talents for their long-term contributions to the company, and to motivate them to work harder and climb higher peaks, and to improve the long-term incentive mechanism, the company's controlling shareholder Sanhua Holdings Group Co., Ltd. now proposes that the company repurchase its own A shares with its own funds for the purpose of future equity incentive plans or employee shareholding plans. Based on the recent company's stock price, the proposer proposes that the maximum repurchase price does not exceed RMB 60.00 per share, and the total repurchase amount is not less than 2 billion yuan and not more than 4 billion yuan.