Taiji Industry updates on share repurchase program progress
As of the end of August 2025, Wuxi Taiji Industry has cumulatively repurchased 9,057,900 shares, representing 0.43% of its total share capital. The total amount paid for these repurchases stands at CNY 60,695,987, with prices ranging from a low of CNY 6.17 per share to a high of CNY 6.97 per share. This progress aligns with the company's repurchase plan, which targets a total value between CNY 100,000,000 and CNY 120,000,000.
The company's share repurchase scheme, approved by shareholders on May 16, 2025, is primarily intended to decrease registered capital through the cancellation of repurchased shares. The repurchase period extends for 12 months from the date of approval, concluding on May 15, 2026. The maximum price per share for the repurchase, adjusted for the 2024 annual equity distribution, is CNY 10.28.
In August 2025 alone, the company repurchased 3,848,600 shares via concentrated bidding, amounting to CNY 26,201,132 (excluding transaction fees). These shares were acquired at prices between CNY 6.60 and CNY 6.97 per share. Wuxi Taiji Industry has committed to adhering strictly to relevant regulations and will continue to disclose updates on its repurchase activities as they progress.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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