Sou Hu Cai Jing·2025-11-16 19:00Summary of Key Points Core Viewpoint - China Communications Construction Company (CCCC) is actively repurchasing its A-shares, indicating a strategy to enhance shareholder value and potentially stabilize its stock price amid market fluctuations [1][2]. Trading Information - On November 14, 2025, CCCC's stock closed at 8.77 yuan, down 0.57%, with a turnover rate of 0.16% and a trading volume of 185,100 shares, resulting in a total transaction value of 163 million yuan [1]. - The net outflow of main funds on the same day was 12.49 million yuan, accounting for 7.66% of the total transaction value, while retail investors saw a net inflow of 7.57 million yuan, representing 4.65% of the total [1][3]. Company Announcements - On November 13, 2025, CCCC reported the repurchase of 19,494,700 A-shares from September 18 to November 13, with 950,000 shares bought back on November 13 at a total cost of 8.36 million yuan, with prices ranging from 8.79 to 8.83 yuan per share. All repurchased shares are intended for cancellation, maintaining the total issued shares at 11,860,135,425 [1]. - On November 14, 2025, CCCC confirmed the repurchase of 850,000 A-shares, which is 0.01% of the issued shares, at a total cost of 7.49 million yuan, with prices between 8.78 and 8.84 yuan per share. These shares are also intended for cancellation [2][3].