Chengtun Mining repurchases over 1% of shares, progresses buyback plan

Chengtun Mining Group Co., Ltd. (SSE:600711) announced that as of September 25, 2025, it has repurchased 33,582,400 shares through centralized bidding, representing 1.0866% of its total share capital. The buyback was executed at prices ranging from RMB 8.1029 to RMB 8.7500 per share, with a total expenditure of RMB 278,995,545.00 (excluding transaction fees).

The company's board approved the share repurchase plan on August 28, 2025, committing to a buyback of RMB 50,000 to RMB 60,000 within a 12-month period, expiring on August 27, 2026. The repurchased shares are intended for use in employee stock ownership plans or equity incentive programs.

This repurchase progress aligns with the company's previously disclosed plan and regulatory requirements, including reporting on every 1% increase in the buyback ratio. Chengtun Mining Group affirmed its commitment to continue the buyback program in accordance with market conditions and relevant regulations.