Core Viewpoint - The company, Gansu Jiugang Group Hongxing Steel Co., Ltd., has initiated a share repurchase plan to enhance company value and protect shareholder interests, with a target of repurchasing between 46 million to 91 million shares at a maximum price of 2.19 yuan per share [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was first disclosed on April 19, 2025, and is set to be implemented from April 18, 2025, to July 17, 2025 [1]. - The expected number of shares to be repurchased ranges from 46 million to 91 million shares [1]. - The funding sources for the repurchase include a special stock repurchase loan and the company's own funds [1]. Group 2: Progress of Share Repurchase - As of July 11, 2025, the company has repurchased a total of 63,444,000 shares, which represents 1.013% of the total share capital [2]. - The total amount spent on the repurchase is 90,091,555.00 yuan, with the highest purchase price being 1.57 yuan per share and the lowest at 1.37 yuan per share [2]. - The repurchase is in compliance with relevant laws and regulations, as well as the company's repurchase plan [2]. Group 3: Compliance and Future Actions - The company will continue to implement the share repurchase according to the relevant laws and regulations, and will fulfill its information disclosure obligations based on the progress of the repurchase [2].
酒钢宏兴: 酒钢宏兴关于以集中竞价交易方式回购股份比例达到1%暨回购进展公告