Zhongheng Group: Has repurchased 99,590,900 shares, using a total amount of funds of 249 million yuan.

date
19/07/2025
On the evening of July 18, Zhongheng Group announced that the company has approved the use of its own funds or self-raised funds to repurchase its common shares issued at a price not exceeding 3.8 yuan per share, for the purpose of canceling and reducing the company's registered capital. The total repurchase amount is not less than 300 million yuan and not more than 500 million yuan. The repurchase period is not more than 6 months from the date of approval of the repurchase plan at the shareholders' meeting convened on February 26, 2025. As of July 17, 2025, the company has repurchased a total of 99.59 million shares, accounting for 3.0058% of the total share capital of the company. The highest purchase price was 2.71 yuan per share, the lowest price was 2.30 yuan per share, and the total amount of funds used was 249 million yuan.