Core Viewpoint - The company, Zhenhua Heavy Industries, is actively managing its market value and has initiated a share buyback program to support its stock price amid ongoing declines [2]. Group 1: Stock Performance - As of August 13, 2025, Zhenhua Heavy Industries' stock closed at 4.67 yuan, with no change in price, a turnover rate of 1.23%, a trading volume of 406,900 shares, and a transaction value of 190 million yuan [1]. Group 2: Share Buyback and Market Management - The company has approved a share buyback plan during the 2024 annual shareholders' meeting held on May 28, 2025, allowing for the repurchase of shares within 12 months using its own or raised funds [2]. - The company has also established a market value management plan, approved during the board meeting on March 27, 2025, to enhance its market value management practices [2][2]. Group 3: New Business Ventures - Zhenhua Heavy Industries has established a wholly-owned subsidiary in Hainan with a registered capital of 500 million yuan, which will engage in offshore oil and gas exploration and domestic ship management [2]. - The formation of this subsidiary indicates the company's intention to enter the deep-sea development sector [2]. Group 4: Trading Information - On August 13, 2025, the net outflow of main funds was 9.313 million yuan, accounting for 4.9% of the total transaction value, while retail investors saw a net inflow of 5.706 million yuan, representing 3.0% of the total transaction value [3].