CSCEC(601668) 证券时报网·2025-03-11 17:33Core Viewpoint - China State Construction Engineering Corporation (the "Company") announced a share buyback plan by its controlling shareholder, China State Construction Group Co., Ltd. (the "Group"), reflecting confidence in the Company's future development and long-term investment value [1][4]. Group 1: Buyback Plan Overview - The Group plans to increase its stake in the Company by purchasing A-shares through the Shanghai Stock Exchange within 12 months, with a total investment amount between RMB 600 million and RMB 1.2 billion [1][4]. - The buyback will not have a set price range and will depend on the assessment of the Company's stock value and market fluctuations [4]. Group 2: Progress of Buyback Plan - As of the announcement date, the Group has already acquired 109,900,588 A-shares, representing approximately 0.27% of the Company's total share capital, with a total investment of about RMB 610,710,613.04 (excluding taxes) [5]. - Following the buyback, the Group holds 23,841,442,525 A-shares, accounting for approximately 57.70% of the Company's total issued share capital [5]. Group 3: Compliance and Commitments - The buyback actions comply with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Management Measures for the Acquisition of Listed Companies [7]. - The Group has committed not to reduce its holdings of the Company's shares during the buyback period and the statutory period [8].