智通财经网·2025-10-14 01:50Core Viewpoint - China COSCO Shipping Holdings Co., Ltd. (中远海控) announced a share buyback plan to enhance shareholder value and investor confidence, as its A-share closing price is below its latest net asset value per share [1] Group 1: Share Buyback Announcement - The board approved a proposal for a share buyback on October 13, 2025, under a general authorization framework for both A-shares and H-shares [1] - The A-share buyback will be conducted through centralized bidding, with a total buyback amount ranging from 50 million to 100 million shares, representing approximately 0.32% to 0.65% of the total share capital as of September 30, 2025 [1] - The maximum total amount for the A-share buyback is estimated at RMB 1.498 billion, based on a maximum buyback price of RMB 14.98 per share [1] Group 2: Rationale for Buyback - The buyback aims to maintain the company's value and protect shareholder interests, considering the company's financial status, future development, and reasonable valuation levels [1] - All repurchased A-shares will be used for cancellation and reduction of registered capital [1]