Zhejiang Changhua Auto Parts Co., Ltd. (SHSE:605018) announces a share repurchase program. Under the program, the company will repurchase up to CNY 120 million worth of share capital. Purpose of the repurchase is to enhance the public investment, investorÆs confidence in the company, promote the reasonable return of the company's stock value, and effectively protect the legal rights of all shareholders. The program will be valid till 6 months.
On December 22, 2022, the company announced that it has adjusted its repurchase price from CNY 17 per share to CNY 16.86 per share.