Chi Hung Zinc Germanium: has repurchased 27.4783 million shares, using a total amount of 145 million yuan.

date
08/05/2025
Chihong Zinc and Germanium announced on May 7th that the company held the sixteenth meeting of the eighth board of directors and the eleventh meeting of the eighth board of supervisors on September 23rd, 2024, and October 11th, 2024, respectively. The company also held the third extraordinary general meeting of shareholders in 2024, examining and passing the Proposal on the Company's Repurchase of Company Shares through Concentrated Bidding Trading. The company agreed to use its own funds of no less than 145 million yuan and not more than 290 million yuan to repurchase company shares through concentrated bidding trading at a repurchase price not exceeding 5.7 yuan per share. The repurchase period shall not exceed 12 months from the date when the repurchase scheme is approved by the general meeting of shareholders, and the repurchased shares will be cancelled and the registered capital will be reduced in accordance with the law. As of April 30, 2025, the company has repurchased a total of 27.4783 million shares, accounting for 0.54% of the total share capital of the company, with a repurchase price range of 4.72 yuan per share to 5.67 yuan per share, and a total fund utilization of 145 million yuan.