HONGHUI(SZ:002802) Sou Hu Cai Jing·2025-08-17 08:13Core Viewpoint - The company, Honghui New Materials, announced a share buyback plan using its own funds, which will involve repurchasing shares through centralized bidding and subsequently canceling them, thereby reducing the registered capital of the company [1] Summary by Relevant Sections Share Buyback Details - The total amount allocated for the share buyback will be no less than RMB 10 million and no more than RMB 20 million [1] - Based on the maximum buyback price of RMB 15.90 per share, the estimated number of shares to be repurchased is approximately between 628,900 shares and 1,257,900 shares [1] - This represents about 0.34% to 0.69% of the company's current total share capital [1] Implementation Timeline - The implementation period for the share buyback will not exceed 6 months from the date the company's shareholders' meeting approves the buyback plan [1]