FilingReader Intelligence

Hundsun Tech proposes share repurchase program, awaiting shareholder approval

April 14, 2025 at 07:07 AM UTCBy FilingReader AI

Hundsun Technologies (SSE:600570) announced that Chairman Liu Shufeng has proposed a share repurchase program to enhance investor confidence and protect shareholder interests. The proposed repurchase, disclosed on April 8, 2025, involves acquiring the company's A-shares through a centralized bidding process on the Shanghai Stock Exchange. The repurchased shares will be subsequently canceled to reduce registered capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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