Nanshan Aluminium progresses with share buyback, reaching 0.60% of capital

Shandong Nanshan Aluminium Company Limited has disclosed its latest progress on a share buyback program through centralized bidding transactions. As of August 31, 2025, the company has cumulatively repurchased 69,636,189 shares, representing approximately 0.60% of its total share capital. The total amount spent on these repurchases stands at 267,965,488.74 yuan (excluding transaction fees), with prices ranging from 3.24 yuan to 4.12 yuan per share.

The buyback scheme, approved by the board and shareholders in December 2024 and January 2025, aims to reduce registered capital. The planned repurchase value is set between 300,000,000 yuan and 600,000,000 yuan, with a maximum share price of 6.24 yuan. The program is scheduled to run from December 27, 2024, to December 26, 2025.

In August 2025 alone, the company repurchased 4,552,000 shares, accounting for approximately 0.04% of its total share capital. The highest price paid during this month was 4.10 yuan per share, and the lowest was 4.07 yuan per share, with a total expenditure of 18,560,728 yuan (excluding transaction fees). The company affirmed that the buyback's progress aligns with the approved plan.