Guangdong Hongda: First Buyback of 167,800 Shares, Paying 4.9343 Million Yuan

English summary

Guangdong Hongda announced its first buyback of 167,800 shares, representing 0.02% of total shares, at prices between 29.2 and 29.8 yuan per share, totaling 4.9343 million yuan. The company previously planned to repurchase 50-100 million yuan for equity incentives or employee stock ownership.