Zhejiang Hailide New Material Co.,Ltd commences an Equity Buyback Plan, under the authorization approved on September 1, 2022.

Zhejiang Hailide New Material Co.,Ltd (SZSE:002206) commences share repurchases on September 26, 2022, under the program mandated by the shareholders in the Annual General Meeting held on September 1, 2022. As per the mandate, the company is authorized to repurchase its own shares.