Liaoning port progresses with share repurchase plan

Liaoning Port Co., Ltd. (SSE: 601880) announced an update on its share repurchase program. As of March 11, 2025, the company had cumulatively repurchased 26,708,6195 A-shares, representing 1.1173% of the total share capital as of February 28, 2025. The repurchase was executed at a price range of 1.49 RMB to 1.76 RMB per share, for a total consideration of 44,502,8252 RMB (excluding transaction costs). The repurchase program, initially proposed by the controlling shareholder, Yingkou Port Group, aims to utilize funds between 420 million RMB and 840 million RMB to reduce registered capital. The company stated it will continue to implement the repurchase plan based on market conditions and in accordance with regulations.