Core Viewpoint - Chengde Lulule Co., Ltd. has announced the progress of its share repurchase plan, indicating that it has repurchased 25.8 million shares, accounting for 2.45% of its total share capital, with a total transaction amount of approximately 235 million yuan [1][3]. Repurchase Plan Background - The company plans to repurchase between 30 million and 60 million shares with a funding cap of 705 million yuan. The initial maximum repurchase price was set at 11.75 yuan per share, later adjusted to 11.45 yuan per share due to the implementation of the 2024 annual equity distribution [2]. Repurchase Progress - As of November 3, 2025, the company has repurchased 25.8 million shares at an average price of approximately 9.11 yuan per share. The highest transaction price was 9.47 yuan per share, and the lowest was 8.23 yuan per share, all within the adjusted price cap [3]. Compliance Statement - The company has emphasized strict adherence to regulatory requirements during the repurchase process, ensuring that no repurchase occurred during sensitive periods that could significantly impact stock prices [4]. Future Plans - The company intends to continue the repurchase plan based on market conditions and will fulfill its information disclosure obligations in a timely manner. There remains room for further repurchases, as the current total is still short of the minimum target [5].

Summary of Key Points Core Viewpoint - The company, Chengde Lolo (000848.SZ), has announced a share buyback program, indicating a strategic move to enhance shareholder value through the repurchase of shares [1] Group 1: Share Buyback Details - The company has repurchased a total of 25.8 million shares as of November 3, 2025, which represents 2.45% of its total share capital [1] - The total amount spent on the share buyback is 235 million yuan, excluding transaction fees [1]

Core Viewpoint - Chengde Lulule (000848.SZ) has repurchased a total of 25,800,000 shares, representing 2.45% of the company's total share capital, with a total transaction amount of approximately 235 million yuan [1] Summary by Category - **Share Repurchase Details** - The company has conducted a share repurchase through a dedicated securities account using a centralized bidding method [1] - The highest transaction price was 9.47 yuan per share, while the lowest was 8.23 yuan per share [1] - The total amount spent on the repurchase, excluding transaction fees, was 235,030,794.59 yuan [1]

智通财经APP讯，承德露露(000848.SZ)公告，公司截至2025年11月3日以集中竞价方式累计回购股份 2580万股，占公司总股本的比例为2.45%，成交总金额为2.35亿元(不含交易费用)。 ...

证券代码：000848 证券简称：承德露露 公告编号：2025-054 承德露露股份公司 关于回购公司股份比例达到 2%暨回购进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 承德露露股份公司（以下简称"公司"）分别于 2024 年 10 月 24 日、2024 年 11 月 11 日召开第八届董事会 2024 年第四次临时会议及 2024 年第三次临时股东大会，审议通过了《关于回购部分社会公众股 份方案的议案》，同意使用公司自有资金或自筹资金，以集中竞价交 易方式，以不超过人民币 11.75 元/股（含）的价格回购本公司部分人 民币普通股 A 股股份，回购的数量不低于 3000 万股（含）且不高于 6000 万股（含），回购的资金额度不超过人民币 70,500 万元（含）， 具体回购数量及回购金额以回购期限届满或回购实施完成时实际回购 的数据为准。回购股份的期限为自公司 2024 年第三次临时股东大会审 议通过本次回购股份方案之日起 12 个月内。 上述内容具体详见公司分别于 2024 年 10 月 25 日、2024 年 11 月 15 日在《中国 ...

Investment Rating - The report maintains an "Outperform" rating for the company [1][4]. Core Insights - The company's revenue showed a significant recovery in Q3, although the increase in sales expense ratio offset the gross margin expansion. Future performance will depend on the new product, LULU Zhiben health water [1][4]. - The health water sector is experiencing a boom, with the market size expected to reach 30 billion RMB in 2024, reflecting a year-on-year growth of 566%, and projected to exceed 100 billion RMB by 2028 [4][9]. Financial Summary - Total revenue for 2023 is projected at 2,955 million RMB, with a year-on-year growth of 9.8% in 2024, reaching 3,287 million RMB [3]. - Net profit attributable to shareholders is expected to be 638 million RMB in 2023, with a slight increase to 666 million RMB in 2024 [3]. - The gross profit margin is anticipated to improve to 45.62% in 2025, up from 41.5% in 2023 [3][4]. Revenue and Profit Trends - For the first three quarters of 2025, the company achieved a revenue of 1.96 billion RMB, down 9.42% year-on-year, with a gross margin increase of 4.10 percentage points to 45.62% [4][9]. - In Q3 2025, revenue increased by 8.91% year-on-year, with a gross margin improvement of 4.05 percentage points [4][9]. Market Position and Future Outlook - The launch of the LULU Zhiben series, which includes various health drinks, aims to enhance brand competitiveness and appeal to younger consumers [4][9]. - The health water industry is currently in a prosperous phase, and the company is well-positioned to capitalize on this trend as demand is expected to rise with the changing seasons [4][9].

Group 1 - The core announcement is that Chengde Lolo has repurchased a total of 19,800,000 shares, which represents 1.88% of the company's total share capital, through a dedicated repurchase account via centralized bidding method [2]

Core Viewpoint - Chengde Lolo (000848.SZ) announced a share buyback program, indicating a strategic move to enhance shareholder value through repurchasing shares in the market [1] Group 1: Share Buyback Details - The company has repurchased a total of 19,800,000 shares, which represents 1.88% of its total share capital [1] - The highest transaction price during the buyback was 9.243 yuan per share, while the lowest was 8.23 yuan per share [1] - The total amount spent on the buyback reached 178,786,660.59 yuan, excluding transaction fees [1]

承德露露（000848）(000848.SZ)公告，公司截至2025年10月31日累计回购股份1980万股，占公司总股 本的比例为1.88%，成交总金额为1.79亿元(不含交易费用)。 ...

Core Viewpoint - The company, Chengde Lolo (000848.SZ), announced that as of October 31, 2025, it has repurchased a total of 19.8 million shares, representing 1.88% of its total share capital, with a total transaction amount of 179 million yuan (excluding transaction fees) [1] Summary by Category - **Share Repurchase Details** - The company has repurchased 19.8 million shares [1] - This represents 1.88% of the company's total share capital [1] - The total amount spent on the repurchase is 179 million yuan (excluding transaction fees) [1]