Shandong Hualu Hengsheng makes progress on share buyback, resumes production

Shandong Hualu Hengsheng Chemical Co., Ltd. has announced an update on its share repurchase program, initiated following approvals from its board and shareholders in April 2025. As of August 31, 2025, the company had cumulatively repurchased 4.334m shares, representing 0.20% of its total share capital. The repurchases were executed at prices ranging from RMB 20.75 to RMB 24.25 per share, totaling RMB 96.8115m, excluding transaction fees. The company plans to cancel these repurchased shares to reduce its registered capital.

The share repurchase program aims to buy back between RMB 200m and RMB 300m of shares. Following the 2024 annual equity distribution, the maximum repurchase price was adjusted from RMB 32.38 per share to RMB 32.08 per share. The company reaffirmed its commitment to transparency and compliance, promising to issue monthly updates on the repurchase progress and adhere to all regulatory requirements.

In a separate announcement, Shandong Hualu Hengsheng Chemical confirmed that its partial production facility maintenance, which began on August 2, 2025, had been completed as of August 31, 2025. The facilities have now resumed normal production, as per the company's annual plan disclosed on July 31, 2025.