FilingReader Intelligence

Cnsig Inner Mongolia Chemical progresses share repurchase program

December 1, 2025 at 08:01 AM UTCBy FilingReader AI

Cnsig Inner Mongolia Chemical Co., Ltd. announced progress on its share repurchase program, which commenced following resolutions passed at board and shareholder meetings on December 5 and December 23, 2024, respectively. The program, utilizing company-owned and self-raised funds, targets a repurchase amount between RMB 50 million and RMB 100 million. As of the end of November 2025, the company has cumulatively repurchased 9.03657 million shares, representing 0.616% of its total share capital.

The total amount spent on the repurchase program to date is RMB 67.0411 million (excluding transaction fees), with shares acquired at prices ranging from RMB 6.71 per share to RMB 7.98 per share. The repurchased shares are intended for an employee stock ownership plan or equity incentive scheme, and for maintaining the company's value and shareholder interests.

The repurchase program aligns with the company's previously disclosed plan. The employee incentive portion has a 12-month implementation period, and the value maintenance portion has a 3-month implementation period, both commencing after shareholder approval. The company confirms that repurchase activities comply with relevant laws, regulations, and its approved repurchase plan.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Cnsig Inner Mongolia Chemical Industry publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →