ZPMC(SH:600320) Sou Hu Cai Jing·2025-05-31 00:18Core Viewpoint - Zhenhua Heavy Industries has shown a positive stock performance with a 2.35% increase in share price, reaching 4.36 CNY, and a total market capitalization of 22.97 billion CNY as of May 30, 2025 [1] Company Announcements - The company held its ninth board meeting on May 28, 2025, where it approved the establishment of a wholly-owned subsidiary, Shanghai Zhenhua Heavy Industries Group (Hainan) Co., Ltd., with a registered capital of 500 million CNY [1][4] - The board also approved the appointment of Mr. Li Yiming as the vice general manager, effective until the end of the current board's term [1] - Zhenhua Heavy Industries plans to register 2 billion CNY in ultra-short-term financing bonds in the interbank bond market in 2025, with a maximum issuance of 500 million CNY [1][4] - The company has approved a share buyback plan, allowing for the repurchase of A-shares with a total fund of no less than 50 million CNY and no more than 100 million CNY, at a maximum price of 6.93 CNY per share [3][4] Upcoming Events - Zhenhua Heavy Industries will hold a performance briefing for the first quarter of 2025 on June 9, 2025, from 11:00 to 12:00, which will be conducted in an interactive online format [3][4]