Core Viewpoint - Hanghua Co., Ltd. has announced a share repurchase and a subsequent share reduction plan, indicating a strategic approach to managing its equity structure and shareholder value [1] Summary by Sections Share Repurchase - From February 6 to April 30, 2024, the company repurchased a total of 7.5634 million shares, which accounts for 1.78% of its total share capital [1] Share Reduction Plan - On September 26, 2025, the company disclosed a plan to reduce its holdings by up to 4.2417 million shares within three months, representing 1% of its total share capital [1] - As of October 31, 2025, the company has reduced its holdings by 1.9889 million shares, which is 0.47% of its total share capital, at an average reduction price of 8.18 yuan per share, totaling 16.2637 million yuan [1] Impact and Considerations - The share reduction is consistent with the company's plan and is not expected to have a significant impact on the company; however, market conditions and regulatory factors may affect the completion of the reduction as planned [1]
杭华股份:披露回购股份集中竞价减持进展,已减持0.47%