Chanhen(SZ:002895) Zheng Quan Zhi Xing·2025-09-03 16:28Core Viewpoint - Guizhou Chuanheng Chemical Co., Ltd. has approved a share repurchase plan to buy back shares for cancellation and capital reduction, with a budget between RMB 40 million and RMB 80 million, and a maximum repurchase price of RMB 24.33 per share [2][3]. Summary by Sections Share Repurchase Plan - The company held its fourth board meeting on February 25, 2025, and approved a share repurchase plan, with a total amount not less than RMB 40 million and not exceeding RMB 80 million [2]. - The repurchase price is capped at RMB 24.33 per share, which is 150% of the average price over the previous 30 trading days [2]. Progress of Share Repurchase - As of August 31, 2025, the company has repurchased 1,760,300 shares, accounting for 0.29% of the total share capital, with a total expenditure of RMB 40,139,399, excluding transaction fees [3]. - The highest transaction price was RMB 23.90 per share, and the lowest was RMB 22.00 per share [3]. Adjustments to Repurchase Plan - The company adjusted the funding source for the repurchase from solely self-owned funds to include financing from financial institutions [2]. - The maximum repurchase price was subsequently adjusted to RMB 23.13 per share and later to RMB 22.83 per share following profit distribution [4][5]. Compliance and Regulations - The share repurchase is conducted in accordance with relevant laws and regulations, ensuring compliance with the rules set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange [5].