Valiant(SZ:002643) Shang Hai Zheng Quan Bao·2026-02-24 17:10Core Viewpoint - The announcement details the progress of the share buyback plan by the controlling shareholder, China Energy Conservation and Environmental Protection Group Co., Ltd., which aims to enhance investor confidence and support the company's stable development [3][5]. Group 1: Buyback Plan Overview - The buyback plan was announced on November 26, 2025, with a timeframe from November 24, 2025, to May 23, 2026, during which the company intends to purchase shares worth between RMB 365 million and RMB 730 million [3][6]. - The buyback will be executed through centralized bidding on the Shenzhen Stock Exchange, using the company's own funds and a special loan for stock buyback [7]. Group 2: Current Status of the Buyback - As of February 24, 2026, the controlling shareholder has acquired a total of 16,726,174 shares, representing 1.81% of the company's total share capital [4][8]. - Following the buyback, the controlling shareholder holds 229,103,125 shares, which is 24.82% of the total share capital, while the total shares held by the controlling shareholder and its subsidiary amount to 249,203,491 shares, or 27.00% of the total [8]. Group 3: Commitment and Compliance - The controlling shareholder has committed to not reducing its shareholding during the buyback period and will complete the buyback plan within the specified timeframe [7]. - The buyback plan complies with relevant laws and regulations, ensuring that it does not affect the company's compliance with listing conditions or change the controlling shareholder [8][9].