Workflow
新兴铸管: 关于控股股东增持公司股份计划实施完成的公告

Group 1 - The core point of the announcement is that the controlling shareholder, Xinxing Jihua Group, has completed a share buyback plan, acquiring a total of 43,509,700 shares, which represents 1.10% of the company's total share capital [1][2] - The total amount spent on the share buyback is between RMB 1.5 billion and RMB 3 billion, and the buyback does not exceed 2% of the company's total share capital [1][2] - After the completion of the buyback, Xinxing Jihua Group holds 1,638,318,003 shares, which is 41.34% of the total share capital, an increase from 40.24% prior to the buyback [2] Group 2 - The buyback was executed in compliance with relevant regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange, ensuring no insider trading or short-term trading occurred during the process [2] - The buyback plan aligns with previously disclosed plans and commitments, and it does not result in a change of control for the company [3]