Zhengzhou Coal Machinery repurchases 1% of A shares

Zhengzhou Coal Mining Machinery Group Co., Ltd. (SSE: 601717) announced its first repurchase of A shares via centralized bidding, with the total repurchased shares reaching 1.19% of the company's total share capital. The repurchase occurred between March 12, 2025 and March 13, 2025, under a previously approved plan to buy back shares for employee incentives or to maintain shareholder value. The company repurchased 21,206,800 A shares at prices ranging from 15.07 to 15.50 RMB per share, for a total expenditure of 324,761,455.00 RMB (excluding transaction costs). The company stated that the repurchase activities comply with relevant regulations and the approved repurchase plan. The company plans to continue executing the repurchase program within the approved timeframe, disclosing information in a timely manner.