Baofeng Energy announces H1 2025 dividend, buyback progress

Ningxia Baofeng Energy Group Co., Ltd. announced a cash dividend of CNY 0.28 per share (including tax) for its A-share holders for the first half of 2025. The equity registration date is September 5, 2025, with the ex-dividend and cash dividend payment date set for September 8, 2025. This profit distribution plan was approved at the company's 2024 annual general meeting on April 2, 2025. The total cash dividend to be distributed amounts to CNY 2,036,374,648 for the 7,272,766,600 shares eligible for distribution.

The company also provided an update on its share buyback program, initially disclosed on May 15, 2025, with an expected value between CNY 1 billion and CNY 2 billion. As of August 2025, Ningxia Baofeng Energy Group had not repurchased any shares via centralized bidding during that month.

However, as of the end of August 2025, the company had cumulatively repurchased 60.5934 million shares, representing 0.83% of its total share capital. The total amount paid for these repurchases was CNY 999.9012 million, with prices ranging from CNY 15.90 to CNY 17.44 per share. These repurchased shares are intended for employee stock ownership plans or equity incentives.