Honghui New Materials: Completed the repurchase of 0.58% of the company's shares

2026-03-25 16:05:04

Honghui New Materials Announcement: The company held a board meeting and a special shareholders’ meeting on August 15, 2025, to approve a share repurchase plan through centralized bidding. The total repurchase funds will not be less than 10 million RMB and not more than 20 million RMB. Based on a maximum price of 15.9 RMB per share, the estimated number of shares to be repurchased is approximately 628,900 to 1,257,900, accounting for about 0.34% to 0.69% of the company’s total share capital. As of March 4, 2026, the company has repurchased 1,056,100 shares through a dedicated securities account via centralized bidding, representing 0.58% of the current total share capital. The highest transaction price was 13.01 RMB per share, the lowest was 12.34 RMB per share, and the total amount paid was 13.4972 million RMB (excluding transaction fees). All repurchased shares will be canceled and will accordingly reduce the company’s registered capital.

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