Hualu Hengsheng initiates share repurchase program

Shandong Hualu Hengsheng Chemical (SSE:600426) announced its first share repurchase on May 28, 2025, as part of a program approved by shareholders. The company repurchased 766,700 shares, representing 0.04% of the total share capital. The repurchase was executed through the Shanghai Stock Exchange trading system at prices ranging from CNY 20.78 to CNY 20.99 per share, for a total consideration of CNY 16,002,900, excluding transaction costs. The repurchase program, initially disclosed on April 18, 2025, allows for the repurchase of shares up to a maximum of CNY 30,000,000, with a lower limit of CNY 20,000,000, to be completed by April 29, 2026. The repurchased shares will be canceled to reduce the company's registered capital.