Hefei Huitong Holdings Co., Ltd. Buyback Progress: Spent 26.93 million yuan, 89.78% of the lower limit of the plan completed

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On April 1, 2026, Hefei Huitong Holding Co., Ltd. (the “Company,” as referred to below) released an announcement on its share repurchase progress, disclosing the implementation of the repurchase as of March 31, 2026. The announcement shows that the Company has cumulatively repurchased 713.9 thousand shares, accounting for 0.57% of the total share capital; the total cost was RMB 26.93 million, which has completed 89.78% of the lower bound of the expected repurchase amount.

Basic Information on the Share Repurchase Plan

According to the announcement, on December 1, 2025, the Company convened the 17th meeting of the Fourth Session of the Board of Directors, where it considered and approved a repurchase share proposal. The plan is to use its own funds to repurchase the Company’s shares through centralized bidding, for an employee stock ownership plan or equity incentives. Specific details of the repurchase plan are as follows:

First disclosure date of the repurchase plan
2025/12/2
Repurchase implementation period
December 1, 2025 ~ November 30, 2026
Expected repurchase amount
RMB 30 million ~ RMB 50 million
Use of the repurchased shares
□ Reduce registered capital √ for the employee stock ownership plan or equity incentives □ to convert the Company’s convertible bonds □ to maintain the Company’s value and the interests of shareholders
Cumulative number of shares repurchased
713.9 thousand shares
Cumulative number of repurchased shares as a percentage of total share capital
0.57%
Cumulative repurchase amount
RMB 26.93 million
Actual repurchase price range
RMB 35.42/share ~ RMB 38.00/share

Latest Repurchase Progress

The announcement indicates that in March 2026, the Company repurchased 12.9 thousand shares. As of March 31, 2026, through the trading system of the Shanghai Stock Exchange, the Company has cumulatively repurchased 713.9 thousand shares (713,892 shares) by centralized bidding, accounting for 0.57% of the Company’s total share capital. The highest成交 price of the repurchased shares was RMB 38.00 per share, and the lowest was RMB 35.42 per share. The total amount paid was RMB 26.93 million (excluding transaction costs). The Company stated that the above repurchase complies with relevant laws and regulations and the established repurchase plan.

Based on the lower bound of RMB 30 million for the expected repurchase amount, the Company has completed 89.78% so far; if calculated using the upper bound of RMB 50 million, the completion progress is 53.87%.

Follow-up Arrangements

In the announcement, the Company pointed out that it will strictly follow relevant provisions such as the “Rules for Share Repurchases by Listed Companies” and the “No. 7 Self-Regulatory Guidance for Listed Companies’ Share Repurchases of the Shanghai Stock Exchange,” and implement the repurchase in due course within the repurchase period based on market conditions, while promptly fulfilling information disclosure obligations. At the same time, the Company reminds广大 investors to pay attention to investment risks.

The implementation period of this repurchase plan is from December 1, 2025 to November 30, 2026. Currently, there are about 8 months left until the planned deadline.

Statement: There are risks in the market; invest prudently. This article is automatically published by an AI large model based on third-party databases, and does not represent Sina Finance’s views. Any information appearing in this article is for reference only and does not constitute personal investment advice. If there is any discrepancy, please refer to the actual announcements. If you have any questions, please contact biz@staff.sina.com.cn.

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