TSPC(SZ:000554) Xin Lang Cai Jing·2025-11-03 11:43Core Viewpoint - The company, China Petroleum Shandong Taishan Petroleum Co., Ltd. (referred to as "Taishan Petroleum"), announced on November 4, 2025, that it has not yet implemented its previously approved share repurchase plan as of October 31, 2025 [1][3]. Group 1: Share Repurchase Plan - The share repurchase plan was approved by the board of directors and the shareholders' meeting on April 23, 2025, and May 21, 2025, respectively [2]. - The plan involves using self-owned funds ranging from RMB 25 million to RMB 35 million to repurchase A-shares through centralized bidding, with a maximum repurchase price of RMB 8.99 per share [2]. - The repurchase period is set to not exceed 12 months from the date of approval, concluding by May 21, 2026 [2]. Group 2: Latest Progress - As of October 31, 2025, the company has not executed any share repurchases under the approved plan [3]. - The company is required to disclose the progress of the share repurchase within three trading days before the end of each month, in accordance with relevant regulations [3].