Chengtun Mining Group nears RMB 279m in share repurchases

Chengtun Mining Group Co., Ltd. announced an update on its share repurchase program, which commenced on August 28, 2025. As of September 30, 2025, the company has cumulatively repurchased 33,582,400 shares, representing 1.0866% of its total share capital. The repurchases were executed at prices ranging from RMB 8.1029 to RMB 8.7500 per share.

The total capital expended on these repurchases amounts to RMB 278,995,545.00 (excluding transaction fees). This initiative falls within the previously announced plan to repurchase shares using between RMB 500 million and RMB 600 million of self-owned or self-raised funds. The repurchased shares are intended for employee stock ownership plans or equity incentives, underscoring the company's strategic focus on its workforce.

The repurchase program is set to conclude by August 27, 2026. Chengtun Mining Group affirmed its commitment to adhering to relevant regulations and will continue to disclose progress in a timely manner.