Gelonghui May 23 丨 Hexing Packaging (002228)(002228cryptogamesbest.SZ) announced that it plans to use its own funds to repurchase the company's shares through centralized bidding. The amount of shares repurchased shall not be less than RMB 60 million (inclusive) and shall not exceed RMB 120 million (inclusive), and the repurchase price shall not exceed RMB 4.06/share (not exceeding 150% of the average stock trading price in the 30 trading days before the repurchase resolution of the board of directors). Under the condition that the price of shares repurchased does not exceed RMB 4.06/share, based on the upper limit of the repurchase amount, the estimated number of shares repurchased is approximately 29,556,650 shares, accounting for approximately 2.42% of the company's current total share capital.cryptogamesbest; Calculated based on the lower limit of the repurchase amount, the estimated number of shares repurchased is approximately 14,778,325 shares, accounting for approximately 1.21% of the company's current total share capital. The specific repurchase number is based on the actual number of shares repurchased at the expiration of the repurchase period. The share repurchase period shall be 12 months from the date when the board of directors reviewed and approved the share repurchase plan.