HBSXNBM(SH:600293) Zheng Quan Zhi Xing·2025-05-22 10:21Core Viewpoint - The announcement details the completion of the share buyback plan by the controlling shareholder of Hubei Three Gorges New Materials Co., Ltd., indicating confidence in the company's future development and long-term investment value [1][2]. Summary by Sections 1. Buyback Plan Overview - The controlling shareholder, Dangyang Urban Investment Co., Ltd., planned to increase its stake in the company by purchasing shares worth between 0.7 billion and 1 billion yuan starting from November 23, 2024, over a period of six months [1][2]. - The buyback was executed through the Shanghai Stock Exchange's trading system via centralized bidding [2]. 2. Implementation Results - From December 2 to December 4, 2024, the controlling shareholder acquired 11,601,500 shares, raising its total holdings to 247,612,293 shares, which is 21.34% of the total share capital [3][4]. - Between January 6 and January 15, 2025, an additional 11,647,100 shares were purchased, increasing total holdings to 259,259,393 shares, representing 22.01% of the total share capital [4]. - On April 9 and 10, 2025, the shareholder bought another 4,530,500 shares, bringing total holdings to 263,789,893 shares, which is 22.99% of the total share capital [4]. 3. Shareholding Changes - Prior to the buyback, the controlling shareholder held 236,010,793 shares (20.34% of total capital), and its concerted party held 65,581,208 shares [2]. - After the completion of the buyback, the total shares held by the controlling shareholder and its concerted party increased from 301,592,001 shares (25.99%) to 329,371,101 shares (28.39%) [4][5]. 4. Compliance and Future Actions - The buyback plan complies with relevant laws and regulations, and the controlling shareholder has committed not to reduce its holdings within the statutory period following the completion of the buyback [5].