ZJAMP.(SZ:002758) Zheng Quan Zhi Xing·2025-08-11 12:12Core Viewpoint - Zhejiang Nong Group Co., Ltd. announced a share buyback plan by its actual controller's concerted action party, Zhejiang Xinghe Group Co., Ltd., which aims to enhance investor confidence and support the company's sustainable development [1][2]. Group 1: Shareholding and Buyback Plan - Zhejiang Xinghe Group plans to increase its shareholding in the company by acquiring between 0.50% and 1.00% of the total share capital within six months, with a maximum purchase price of 9.80 yuan per share [1][2]. - The actual controller's concerted action party currently holds 55,567,177 shares, representing 10.91% of the total share capital, while the total shares held by all concerted action parties amount to 219,772,192 shares, or 43.13% of the total [2]. Group 2: Financial Support and Loan Commitment - China CITIC Bank's Hangzhou branch has issued a loan commitment letter to Zhejiang Xinghe Group, promising a special loan of up to 44 million yuan, with a loan term not exceeding three years [3]. - The loan commitment is part of a broader initiative by the People's Bank of China and regulatory authorities to support listed companies and major shareholders in stock repurchase and buyback activities [2][3]. Group 3: Commitment to Non-reduction of Shares - Zhejiang Xinghe Group commits to not reducing its shareholding during the buyback period and for six months after the completion of the share acquisition, in compliance with relevant regulations [2].