Nanjing Tanker Corp launches share buyback, acquires 1.15% of capital

Nanjing Tanker Corp announced the initial phase of its share buyback program, approved on August 22, 2025, and implemented from September 9, 2025. The company repurchased 55,000,000 shares through centralized bidding transactions on September 10, 2025. This acquisition represents 1.15% of the company's total share capital, which stands at 4,801,856,148 shares.

The total expenditure for this initial repurchase amounted to 183,458,031.43 yuan, with share prices ranging from 3.27 yuan per share to 3.37 yuan per share. The repurchased shares are intended to reduce the company's registered capital. The full buyback program, with a budget of 250,000,000 yuan to 400,000,000 yuan, is expected to continue until September 8, 2026.