Core Points - The company has announced a share repurchase plan with a budget of RMB 400 million to RMB 600 million, aimed at reducing registered capital and supporting employee stock ownership plans or equity incentives [1][2] - As of July 7, 2025, the company has repurchased 14,102,400 shares, representing 1.04% of the total share capital, with a total expenditure of RMB 119.2733 million [2] Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on April 10, 2025, with a maximum repurchase price adjusted to RMB 11.82 per share [1] - The repurchase period is set to last for 12 months following the approval at the 2024 annual general meeting [1] Progress of Share Repurchase - As of July 7, 2025, the company has completed the repurchase of 14,102,400 shares at a maximum price of RMB 8.78 per share and a minimum price of RMB 8.30 per share [2] - The total amount paid for the repurchased shares, excluding transaction fees, is RMB 119.2733 million [2] Compliance and Disclosure - The company is committed to adhering to relevant regulations regarding share repurchase and will disclose progress in a timely manner [2]
嘉化能源: 关于以集中竞价交易方式回购股份比例达到1%的进展公告