The enthusiasm for share repurchase among listed companies is clearly increasing, with a total repurchase amount of 88.993 billion yuan reached within the year.

According to statistics, the amount of share repurchases implemented by A-share listed companies in July reached 14.012 billion yuan, an increase of 12.06% from June. It has been four consecutive months that the monthly repurchase amount has exceeded 10 billion yuan, showing a clear increase in enthusiasm for share repurchases by listed companies. The total repurchase amount so far this year has reached 88.993 billion yuan. A total of 553 listed companies have announced stock repurchase plans this year, with 30 companies having stock repurchase amounts exceeding 1 billion yuan. Midea Group, CATL, and Kweichow Moutai have the highest repurchase amounts, at 13 billion yuan, 8 billion yuan, and 6 billion yuan respectively. Data shows that among the 553 companies that have announced repurchase plans this year, 32 companies have a trailing price-to-earnings ratio in the bottom 30th percentile. In terms of performance, 7 undervalued companies have released first half year performance forecasts, reports or financials, with 5 of them reporting an increase in net profit attributable to shareholders compared to the same period last year, including Baofeng Energy, Sichuan Changhong, Zhongtong Bus, Siyuan Electric, and Shandong Jin International.