Nanshan Aluminium hits 1% mark in share buyback

Shandong Nanshan Aluminium has announced its share buyback program, approved by its board of directors and shareholders, has reached a 1% threshold of its total share capital. As of December 15, 2025, the company has cumulatively repurchased 116,136,789 shares through centralized bidding transactions. This represents approximately 1.00% of the company’s total share capital.

The total amount spent on the buyback program to date is RMB 486,251,261.19. The shares were repurchased at prices ranging from RMB 3.24 per share to RMB 5.29 per share. The buyback program, which commenced on December 27, 2024, is scheduled to run until December 26, 2025, with an expected total outlay of RMB 300,000,000 to RMB 600,000,000.

The primary purpose of this share repurchase is to reduce the company's registered capital. Shandong Nanshan Aluminium will continue to execute the program as per the approved plan and regulatory guidelines.