Shang Hai Zheng Quan Bao·2025-12-03 18:42Core Viewpoint - The recent trend of share buybacks among leading companies, such as Industrial Fulian, Sanhua Intelligent Control, and Xiaomi Group, reflects a strong commitment to boosting market confidence and indicates management's recognition of the company's intrinsic value [1][2][3] Group 1: Leading Companies' Buyback Activities - Leading companies are actively engaging in share buybacks, characterized by rapid, frequent, and generous actions, serving as a market confidence indicator [1][2] - Industrial Fulian has repurchased 9.32 million shares for approximately 247 million yuan, with a maximum buyback price raised from 19.36 yuan to 75 yuan per share, a 287% increase [2][3] - Sanhua Intelligent Control has repurchased 3.06 million shares for about 106 million yuan, increasing its buyback price cap from 35.75 yuan to 60 yuan per share [3] Group 2: Broader Market Buyback Trends - Other companies are also increasing their buyback efforts, with Midea Group's buyback amount rising from 8.065 billion yuan to 9.465 billion yuan, and BOE Technology's from 704 million yuan to 975 million yuan [5] - China Petroleum and Chemical Corporation completed its buyback of 89.35 million shares for about 500 million yuan, all intended for cancellation to reduce registered capital [5][6] - Companies like DeMaiShi and Baiwei Storage have also raised their buyback price limits significantly, indicating a broader trend of increasing buyback commitments across the market [6]