Forehope Electronic’s Controlling Shareholder Proposes Share Buyback of 100 Million to 150 Million Yuan

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Forehope Electronic announced that its controlling shareholder, chairman, and general manager Wang Shunbo has proposed using its own funds or self-raised funds to repurchase a portion of its A-shares through centralized competitive trading. The total repurchase amount will be no less than 100 million yuan and no more than 150 million yuan. The repurchased shares are intended for employee stock ownership plans or equity incentives.

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