Core Viewpoint - Anhui Construction Group Co., Ltd. (the "Company") announced that its controlling shareholder, Anhui Construction Group Holdings Co., Ltd. ("Construction Holdings"), has initiated a share buyback plan to increase its stake in the Company, with the first purchase completed on May 29, 2025 [1][2]. Group 1: Buyback Plan Details - The buyback plan was first disclosed on April 30, 2025, with a timeframe of six months for implementation, aiming to acquire between 1% and 2% of the Company's total shares, with a maximum investment of RMB 200 million [1][2]. - As of May 29, 2025, Construction Holdings has purchased 1,075,299 A-shares, representing approximately 0.06% of the Company's total shares, for a total amount of RMB 5,051,804 (excluding taxes) [1][2][3]. - Following the initial buyback, Construction Holdings now holds a total of 552,714,083 shares, which constitutes 32.20% of the Company's total shares [3]. Group 2: Funding and Compliance - The funding for the buyback will come from Construction Holdings' own and self-raised funds, with a loan commitment from Bank of China Hefei Branch, providing up to RMB 180 million specifically for this purpose [3]. - The buyback actions comply with relevant laws and regulations, ensuring that the Company's listing status remains unaffected [4].
安徽建工: 安徽建工关于控股股东首次增持公司股份暨增持计划进展的公告