CH AUTO(SH:605018) Shang Hai Zheng Quan Bao·2025-10-29 20:34Core Viewpoint - The company, Changhua Holdings Group Co., Ltd., has initiated a plan to reduce its repurchased shares through centralized bidding, having repurchased a total of 5,380,600 shares from October 2022 to January 2023, which will be sold within a specified timeframe to maintain company value and shareholder rights [1]. Summary by Sections Share Repurchase and Sale Plan - The company repurchased 5,380,600 shares between October 2022 and January 2023, intending to sell these shares within 12 months after the announcement of the repurchase results [1]. - The planned sale of the repurchased shares is set to occur from 15 trading days after the announcement made on September 17, 2025, until January 31, 2026, with a maximum of 5,380,600 shares or 1.15% of the total share capital [1]. Progress of Share Reduction - On October 29, 2025, the company successfully reduced its repurchased shares by 700,000, representing 0.15% of the total share capital, with a transaction amount of 8,009,648.00 yuan [2]. - After this reduction, the company holds 6,589,600 shares in its repurchase account, which is 1.40% of the total share capital [2]. Compliance with Regulations - The company’s share reduction plan adheres to the regulations set by the Shanghai Stock Exchange, including limits on the number of shares sold within specific timeframes and conditions regarding price and trading periods [3][5]. - The company confirms that the share reduction plan aligns with previously disclosed commitments and does not involve any major corporate actions that could affect control [2][5].