Huaxin Cement launches share buyback for equity incentive program

Huaxin Cement Co., Ltd. announced on October 10, 2025, that it initiated its share buyback program on October 9, 2025. The company repurchased 1,557,200 A-shares through centralized bidding transactions, representing 0.07% of its total share capital. The total amount paid was 28,088,497 yuan, with prices ranging from 17.70 yuan to 18.40 yuan per share.

The buyback, approved by the board on October 3, 2025, aims to implement an equity incentive plan using company-owned funds. The total buyback amount is planned to be between 32,250,000 yuan and 64,500,000 yuan, with a maximum price of 25 yuan per share. The program is set to conclude within six months from the approval date.

Prior to the buyback, major shareholders included Hong Kong Securities Clearing Company Limited (734,719,719 shares, 35.34%) and HOLCHIN B.V. (451,333,201 shares, 21.71%). Several senior executives have also purchased company shares within the last six months, demonstrating confidence in future performance. The company emphasized that the buyback will not negatively impact its daily operations, financial health, or listing status.