Shanghai Zhezhong Group (002346.SZ) terminates the repurchase of company shares.

Shanghai Zhezhong Group (002346.SZ) announced that the company held the 24th meeting of the fifth board of directors on November 26, 2025, and approved the "Proposal to Terminate the Repurchase of Company Shares", deciding to terminate the repurchase of company shares. As of the announcement date, the company repurchased 22.10011 million shares of the company through a special account through centralized bidding trading, accounting for 5% of the total share capital of the company. The highest transaction price was 11.5 yuan/share, the lowest transaction price was 9.44 yuan/share, and the cumulative transaction amount was 241 million yuan (excluding transaction costs). The remaining repurchased shares in the special account are 22 million shares, accounting for 4.98% of the total share capital of the company.