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Huitongda Network Co., Ltd. Class H ( (HK:9878) ) just unveiled an announcement.
Huitongda Network Co., Ltd. has announced a plan to repurchase up to 10% of its H shares, with a maximum aggregate repurchase amount of RMB500,000,000. This move, reflecting the company’s confidence in its future development and long-term value, aims to enhance shareholder value and is aligned with its strategic focus on digital transformation and supply chain innovation.
More about Huitongda Network Co., Ltd. Class H
Huitongda Network Co., Ltd. is a leading industrial internet company in China, focusing on empowering rural family-run businesses through digital technologies and supply chain capabilities. The company is committed to implementing its ‘AI+ Strategy’ to enhance digital and intelligent upgrades across the supply chain, aiming to activate data assets in low-tier markets and drive innovative supply chain models.
Average Trading Volume: 4,146,734
Technical Sentiment Signal: Sell
Current Market Cap: HK$9.72B
Learn more about 9878 stock on TipRanks’ Stock Analysis page.