Hexing Electrical (603556.SH) plans to repurchase company shares for RMB 150 million to RMB 300 million.

Zhitong Finance APP News, Hexing Electrical (603556.SH) announced that, as necessary to safeguard the company's value and shareholders' rights and interests, the company plans to use its own funds or self-raised funds to repurchase part of its shares through centralized bidding transactions. The total repurchase amount shall be no less than RMB 150 million (inclusive) and no more than RMB 300 million (inclusive). The repurchase price shall not exceed RMB 25 per share (inclusive).