Jianghansilicone Materials: Repurchased shares worth 200 million RMB, accounting for 2.15% of total shares outstanding.

date
31/03/2026
On March 31, Sina Finance reported that Jianghan New Materials announced that the company's actual controller and chairman, Gan Shuguan, proposed to repurchase shares in May 2025. The proposal was approved by the board of directors and shareholders' meeting in 2025, planning to repurchase 200 million to 400 million yuan for capital reduction or employee stock ownership plan, with a repurchase price not exceeding 30 yuan per share. Starting from July 16, 2025, the upper limit of the repurchase price was adjusted to 29.01 yuan per share. As of the end of March 2026, the company had repurchased a total of 8,034,600 shares, accounting for 2.15% of the total share capital, with a total payment of 200 million yuan, and the highest repurchase price was 27 yuan per share, and the lowest price was 23.22 yuan per share.