Wuxi Lead Intelligent Equipment Co.,Ltd. (WUXI LEAD) has announced its intention to repurchase its H shares. The decision is driven by the company's strong confidence in its future growth prospects and its recognition of the company's intrinsic value. The move aims to effectively safeguard the legitimate rights and interests of all shareholders, boost investor confidence in the market, and further establish and improve the company's long-term incentive mechanism.

The company, after considering its own operational status, financial strength, future business plans, profitability, and a comprehensive assessment of the trading performance of its H shares in the secondary market, has decided to proceed with the share repurchase. The total amount for this repurchase is set at no less than 2 billion Hong Kong dollars and no more than 4 billion Hong Kong dollars, inclusive of both figures. The funds required for the repurchase will be sourced from the company's own capital or raised through other financing channels.