Chiway(SZ:002374) Xin Lang Cai Jing·2025-10-09 13:37Core Points - Shandong Zhongrui Industrial Development Co., Ltd. approved a share repurchase plan during its board meeting on July 24, 2024, intending to use its own funds for the buyback, which will be used for future equity incentives or employee stock ownership plans [1] - The initial plan set the repurchase quantity between 1% (10.879538 million shares) and 2% (21.759075 million shares) of the total share capital, with a maximum repurchase price of 2.6 yuan per share, valid for 12 months from the approval date [1] - On July 14, 2025, the company revised the maximum repurchase price to 3.5 yuan per share and extended the buyback period by 9 months, now set to end on April 24, 2026 [1] - As of September 30, 2025, the company had not yet conducted any share repurchases [1] - The company will implement the buyback plan based on market conditions and will fulfill its information disclosure obligations as required by law [1]