CENTURY HUATONG(SZ:002602) Shang Hai Zheng Quan Bao·2026-01-09 21:15Core Viewpoint - The company, Zhejiang Century Huatong Group Co., Ltd., has successfully completed its first share buyback, reflecting management's confidence in the company's future and its commitment to enhancing shareholder value through stock-based incentives [2][4]. Group 1: Buyback Announcement - The company announced a share buyback plan on December 31, 2025, with a total fund allocation of no less than RMB 300 million and not exceeding RMB 600 million, with a maximum buyback price of RMB 25.97 per share [1]. - The buyback period is set for 12 months from the board's approval date [1]. Group 2: Buyback Implementation - On January 9, 2026, the company repurchased 15,469,800 shares, accounting for 0.2099% of the total share capital, with a total transaction amount of RMB 300,952,711, excluding transaction fees [2]. - The highest transaction price was RMB 19.80 per share, and the lowest was RMB 18.91 per share [2]. Group 3: Compliance and Impact - The buyback execution aligns with the approved plan, meeting the lower limit of the buyback amount without exceeding the upper limit [3]. - The buyback is not expected to significantly impact the company's operations, financial status, or future development, nor will it alter control or listing status [4]. Group 4: Share Handling and Future Plans - The repurchased shares will be used for stock incentives or employee stock ownership plans, and will not confer voting rights or profit distribution during the holding period [7]. - If the shares are not utilized for the intended purposes within three years, they will be canceled, leading to a reduction in total share capital [7]. Group 5: Regulatory Compliance - The buyback complies with relevant regulations, ensuring no shares were repurchased during sensitive periods or under conditions that could affect trading prices [8][9].