Wingtech announces share repurchase plan for employee incentive

Wingtech Technology (SSE: 600745) announced a share repurchase plan on April 12, 2025, signaling confidence in the company's future prospects. The company plans to allocate between CNY 200 million and CNY 400 million to repurchase shares via centralized bidding, with the explicit intention of using these shares for an employee stock ownership plan. The repurchase period is set to span from April 14, 2025, to April 10, 2026.