Hengtong Optic-Electric (600487.SH) Chairman Proposes RMB 100 Million to RMB 200 Million Share Buyback

date
01/11/2026
Zhitong Finance APP News, Hengtong Optic-Electric (600487.SH) issued an announcement that the company's board of directors received a letter from the company's chairman, Mr. Cui Wei, on November 1, 2026, titled "Letter Regarding the Proposal for Jiangsu Hengtong Optic-Electric Co., Ltd. to Repurchase Company Shares." Mr. Cui Wei proposed that the company use its own funds or self-raised funds to repurchase part of the company's issued RMB ordinary shares (A shares) through the Shanghai Stock Exchange trading system by way of centralized bidding, with the total repurchase amount not less than RMB 100 million (inclusive) and not more than RMB 200 million (inclusive).