华发股份：累计回购约5874万股

Company Summary - Huafa Co., Ltd. announced the completion of its share repurchase on October 28, 2025, having repurchased approximately 58.74 million shares, accounting for 2.13% of the total share capital [1] - The repurchase was conducted through centralized bidding, with a maximum price of 5.83 CNY per share, a minimum price of 4.78 CNY per share, and an average price of 5.28 CNY per share, totaling approximately 310 million CNY in funds paid [1] - For the first half of 2025, Huafa's revenue composition was as follows: 90.32% from real estate development and operation, 7.23% from other sources, and 2.45% from property services [1] - As of the report date, Huafa's market capitalization was 13.7 billion CNY [1] Industry Summary - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation [1]