Core Viewpoint - Zhongwei Co., Ltd. has actively engaged in share repurchase, reflecting strong confidence in its future business development and commitment to enhancing shareholder value through cash dividends and stock incentives [1][3][4]. Group 1: Share Repurchase Details - Zhongwei Co., Ltd. has repurchased a total of 70,000 shares, accounting for approximately 1.74% of its total share capital, with a total transaction amount of 576 million yuan and an average repurchase price of 36.45 yuan per share [1]. - The repurchase plan, initiated on November 5, 2024, aims to use funds between 500 million yuan and 1 billion yuan, with a maximum repurchase price of 57 yuan per share [1]. - The repurchased shares are intended for employee stock incentive plans, with a new round of stock incentive plans expected to be launched as the repurchase progresses [1][4]. Group 2: Market Context and Performance - In the past six months, there has been a surge in share repurchase activities in the A-share market, with over a thousand companies, including major players like Kweichow Moutai and Ningde Times, announcing repurchase plans [1]. - Zhongwei Co., Ltd. ranks in the top 2% of the A-share market with a repurchase total of nearly 600 million yuan, indicating strong confidence from the company in its operational future [2]. Group 3: Dividend Policy and Financial Outlook - For the fiscal year 2024, Zhongwei Co., Ltd. plans to implement a cash dividend policy with a total cash dividend amount of 590 million yuan, including 260 million yuan for the mid-year dividend, resulting in a dividend payout ratio of 40.24% [3]. - The high dividend policy aims to share operational results with shareholders, enhancing investor confidence and increasing the company's attractiveness in the capital market [3]. Group 4: Industry Position and Future Strategy - As a leading enterprise in the global new energy materials sector, Zhongwei Co., Ltd. focuses on the research and production of nickel, cobalt, phosphorus, and sodium materials, which are widely used in various downstream applications [3][4]. - The company is steadily advancing its layout in the emerging field of solid-state batteries, with a diversified approach to material systems that includes both industrialized and potential new materials [4]. - The management's actions, including share repurchase and dividend distribution, reflect a positive outlook on the new energy industry and the long-term development of Zhongwei Co., Ltd. [4].
中伟股份10亿元回购进展,已累计回购近6亿元