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HuaWei Group plans to repurchase shares not exceeding 1 billion yuan, with both revenue and net profit expected to grow in 2025.
Rui Finance Yan Minghui Recently, Howeway Group announced that the company plans to repurchase shares using centralized competitive trading. The repurchase amount will be no less than RMB 800 million and no more than RMB 1 billion. The repurchase price will be no more than RMB 100 per share. The number of shares to be repurchased will be 8 million to 10 million shares, representing 0.63% to 0.79% of the total share capital. The funds will come from the company’s own funds.
The shares proposed to be repurchased will be used for an employee share ownership plan or equity incentives. The implementation period will be within 3 months from the date the board of directors approves it. As of the date of the announcement disclosure, the relevant personnel have no plans to reduce their holdings in the next 3 months or 6 months. In addition, there are various uncertainties and risks associated with this share repurchase.
According to the 2025 annual report, Howeway Group’s operating revenue was RMB 28.85 billion, up 12.1% year over year; net profit attributable to shareholders was RMB 4.05 billion, up 21.7% year over year.