Cnsig Chemical updates on share repurchase program, no August activity

Cnsig Inner Mongolia Chemical Industry Co., Ltd. has reported the latest progress on its share repurchase program as of the end of August 2025. The company did not execute any share repurchases in August 2025.

However, the cumulative repurchases since the program's inception total 9,036,570 shares, representing 0.616% of the company's total share capital. The total amount spent on repurchases to date is CNY 67,041,100 (excluding transaction fees). The shares were acquired at a maximum price of CNY 7.98 per share and a minimum price of CNY 6.71 per share.

The repurchase initiative, approved by the board on December 5 and December 23, 2024, aims to use company funds of CNY 50,000,000 to CNY 100,000,000 for employee stock ownership plans, equity incentives, and to maintain company value and shareholder interests. The maximum repurchase price was set at CNY 12.60 per share.

Repurchased shares designated for employee stock ownership plans or equity incentives have a 12-month implementation period from the shareholder approval date, while those for maintaining company value and shareholder interests have a 3-month period.