HONGHUI(SZ:002802) Xin Lang Zheng Quan·2025-12-01 11:24Core Viewpoint - Honghui New Materials Technology Co., Ltd. has made progress in its share repurchase plan, adhering to the established guidelines and regulations, with the repurchase price not exceeding the set limit [1][3]. Summary by Sections Share Repurchase Plan Overview - The company approved a share repurchase plan on August 15, 2025, and confirmed it in a shareholder meeting on September 5, 2025, intending to use self-owned funds for the repurchase, which will be used for cancellation and reduction of registered capital [2]. - The total repurchase fund is set between 10 million yuan (inclusive) and 20 million yuan (inclusive), with a maximum repurchase price of 15.90 yuan per share. Based on this price, the estimated number of shares to be repurchased is approximately 628,900 to 1,257,900 shares, representing about 0.34% to 0.69% of the current total share capital. The implementation period is within six months from the approval date, ending by March 5, 2026 [2]. Progress Update as of November End - As of November 30, 2025, the company has conducted share repurchases through a dedicated securities account, using self-owned funds, and the repurchase price has not exceeded the planned limit of 15.90 yuan per share, complying with relevant regulations and the established plan [3]. Compliance and Regulatory Adherence - The company emphasized that the timing, quantity, price, and trading periods of the share repurchases comply with the repurchase plan and regulatory requirements. This includes not repurchasing during sensitive periods or at prices that exceed daily trading limits [4]. Future Plans - The company plans to continue the repurchase based on market conditions and funding arrangements, ensuring compliance with legal and regulatory obligations. It will also fulfill information disclosure requirements, with regular updates on repurchase progress as mandated [5].