Wingtech Technology announces share repurchase plan

Wingtech Technology (SSE:600745) announced a plan to repurchase its own shares for an amount ranging from 100 million to 200 million yuan, with the funds sourced from the company's own capital, according to a company statement. The repurchase price is set to not exceed 50 yuan per share, to be used for an employee stock ownership plan, with a repurchase period starting from March 7, 2025, to March 6, 2026. The company has secured necessary approvals and confirmed that its key shareholders currently do not have active plans to reduce their holdings during the repurchase period, ensuring a stable stock environment.