Weihua New Materials announced that it plans to repurchase the company's shares for no less than RMB 80 million and no more than RMB 120 million, at a repurchase price of no more than RMB 18 per share. The share repurchase will be used for employee stock ownership plans or equity incentives. If the company fails to carry out the aforementioned use within 36 months after the share repurchase is completed, the unused portion will be cancelled in accordance with the relevant procedures.

Weihua New Materials announced that it plans to repurchase the company's shares for no less than RMB 80 million and no more than RMB 120 million, at a repurchase price of no more than RMB 18 per share. The share repurchase will be used for employee stock ownership plans or equity incentives. If the company fails to carry out the aforementioned use within 36 months after the share repurchase is completed, the unused portion will be cancelled in accordance with the relevant procedures.