WANGNENG(SZ:002034) Xin Lang Zheng Quan·2025-10-09 14:19Core Viewpoint - Wangneng Environment Co., Ltd. has made significant progress in its share repurchase plan, with a total of 9,463,900 shares repurchased as of September 30, 2025, representing 2.18% of the company's total share capital [3]. Summary by Sections Share Repurchase Plan Overview - The company approved a share repurchase plan on November 26, 2024, intending to use its own funds and special loan funds for the repurchase of A-shares. The repurchased shares will be used for employee stock ownership plans or convertible bond conversions. If not utilized within 36 months, the unutilized shares will be canceled. The initial repurchase price was set at a maximum of 22.00 CNY per share, with a total repurchase amount between 100 million CNY and 200 million CNY. Following the 2024 dividend distribution, the maximum repurchase price was adjusted to 21.71 CNY per share starting July 11, 2025 [2]. Latest Repurchase Progress - As of September 30, 2025, the company has repurchased a total of 9,463,900 shares at a maximum price of 20.20 CNY per share and a minimum price of 14.00 CNY per share, with a total transaction amount of 151,629,481 CNY (excluding transaction fees) [3]. Compliance Status - The company confirmed that its share repurchase activities comply with the relevant regulations of the Shenzhen Stock Exchange. The timing, quantity, and price of the repurchases adhered to the guidelines, and the company did not conduct repurchases during significant events that could impact stock prices. The repurchase orders were placed within the price limits set by the stock's daily trading fluctuations [4].