Jiahua Energy's share repurchase program reaches 2.59% of capital

Zhejiang Jiahua Energy Chemical Industry Co., Ltd. (Jiahua Energy) has provided an update on its share repurchase program, initially approved in April 2025. The company plans to repurchase shares using its own and self-raised funds, ranging from 400 million yuan to 600 million yuan, at a maximum price of 11.63 yuan per share, adjusted from the original 12.01 yuan per share following profit distribution. The repurchase period extends from May 1, 2025, to April 30, 2026.

As of November 30, 2025, Jiahua Energy has repurchased 35,159,500 shares through centralized bidding, representing 2.59% of its total share capital. The total amount spent on these repurchases stands at 303.1453 million yuan, with share prices ranging from 8.02 yuan to 9.14 yuan per share. This repurchase activity aligns with the company's stated purpose of reducing registered capital and for potential use in employee stock ownership plans or equity incentives.

The company reaffirms its commitment to adhering to all relevant regulations regarding share repurchases, including timely information disclosure. Jiahua Energy will continue to make repurchase decisions based on market conditions within the stipulated timeframe, urging investors to exercise caution.