New Continent: completed a share repurchase of 379 million yuan, accounting for 1.40% of the total share capital.
The announcement from Xin Dalu stated that the company approved a share repurchase plan at a meeting in 2024, planning to use 3.5-7 billion yuan of its own or self-raised funds to repurchase shares at a price not exceeding 36.79 yuan per share. As of October 17, 2025, the repurchase has been completed, with a total of 14,138,825 shares repurchased, accounting for 1.40% of the total share capital. The highest transaction price was 30 yuan per share, the lowest was 20.59 yuan per share, and the total amount paid was 379.9485 million yuan. This repurchase is in line with the established plan, has no adverse effects on the company, and there were no trades of company stock by related parties during the repurchase period. The repurchased shares are intended for equity incentives or employee shareholding plans, and if not used within 36 months, they will be cancelled.
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