Zhongtai Securities announces progress on share repurchase plan

Zhongtai Securities Co., Ltd. (SSE:600918) announced that as of the end of May 2025, it has not yet initiated the share repurchase plan previously approved by the board of directors and shareholders. The company intends to repurchase shares using its own funds, with a planned expenditure between CNY 300 million and CNY 500 million. The repurchase price will not exceed CNY 9.42 per share, and the repurchased shares will be used to reduce the company's registered capital. The repurchase plan, initially proposed on April 30, 2025, is authorized to run from May 27, 2025, to August 26, 2025. The company stated it will make repurchase decisions within the stipulated period based on market conditions and fulfill its information disclosure obligations accordingly. Investors are advised to be mindful of investment risks.