Sinotrans progresses with A-share repurchase plan

Sinotrans (SSE:601598) announced continued progress in its A-share repurchase plan via centralized bidding transactions. As of March 31, 2025, the company had cumulatively repurchased 63,653,917 A-shares, representing 0.87% of the total share capital. The repurchase was conducted at prices ranging from CNY5.03 to CNY5.32 per share, with a total expenditure of CNY329,295,397.16 (excluding transaction costs). This repurchase plan, approved by shareholders in November 2024, allows for a repurchase of between CNY271 million and CNY542 million to be used for reducing registered capital. The company stated that it will continue to implement the repurchase plan based on market conditions, in compliance with relevant regulations, and will disclose information in a timely manner.