Dongyangguang, Joulwatt, and Bethel Announce Share Buyback Plans

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On the evening of August 5, three listed companies—Dongyangguang, Joulwatt, and Bethel—each released share buyback announcements. Dongyangguang plans to use its own or self-raised funds to repurchase shares for employee stock ownership plans or equity incentives, with a buyback amount of no less than 300 million yuan and no more than 600 million yuan, and a maximum repurchase price of 51.33 yuan per share. Joulwatt intends to use its own funds and a special loan for share buybacks to repurchase shares for maintaining company value and shareholder interests, with a buyback amount of no less than 60 million yuan and no more than 120 million yuan, and a maximum repurchase price of 239.71 yuan per share. Bethel plans to use its own or self-raised funds to repurchase shares for employee stock ownership plans or equity incentives, with a buyback amount of no less than 100 million yuan and no more than 200 million yuan, and a maximum repurchase price of 37.23 yuan per share. Additionally, the company has received a loan commitment letter from the Wuhu branch of ICBC for no more than 180 million yuan, with the loan amount not exceeding 90 percent of the total buyback funds.

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