Guanghui Logistics updates on share repurchase, Q3 results

Guanghui Logistics announced progress on its share repurchase plan, having cumulatively repurchased 14,770,400 shares by October 31, 2025, representing 1.24% of its total share capital. The total amount spent was CNY 84,985,433.60, with prices ranging from CNY 4.62 to CNY 10.96 per share. This repurchase, initiated on July 31, 2024, aims to reduce registered capital and is expected to conclude by April 30, 2026. The company adjusted the maximum repurchase price from CNY 7.84 to CNY 11.00 per share and extended the repurchase period by nine months.

In a separate announcement, Guanghui Logistics reported its third-quarter 2025 operating results. The company highlighted that its red-nao railway freight volume reached 21.0806 million tons from January to September 2025, a 38.95% year-on-year increase. This volume accounts for approximately 30% of the total "Xinjiang Coal Outbound" railway shipments. The company’s delisting from "ST" status on October 29, 2025, is expected to enhance its market image and financial flexibility.

Despite increased freight volumes, the company's revenue declined due to its gradual exit from real estate operations and lower freight rates influenced by the coal market. Guanghui Logistics remains focused on its energy logistics core business, aiming to capitalize on the "Xinjiang Coal Outbound" strategy to become a high-growth integrated energy logistics service provider.