Tongwei advances share repurchase, conversion, and guarantee programs

Tongwei Co., Ltd. [SSE:600438] has released a series of announcements detailing advancements in its share repurchase program, convertible bond conversions, and provision of guarantees. The company is actively repurchasing shares through centralized bidding transactions, with a total of 101,688,812 shares repurchased as of April 4, 2025, representing 2.2588% of the company's total share capital. The repurchase involved a total expenditure of CNY 2,007,814,990.13 at prices ranging from CNY 17.43 to CNY 22.94 per share.