Nanshan Aluminium completes share repurchase, reduces registered capital

Shandong Nanshan Aluminium Co. has announced the successful completion of its share repurchase program, buying back a total of 129,969,289 shares. This represents approximately 1.12% of the company's total share capital. The repurchase, executed between December 27, 2024, and December 16, 2025, involved a total expenditure of 549,852,450.19 yuan, with share prices ranging from 3.24 yuan to 5.29 yuan per share.

The primary purpose of this repurchase was to reduce the company's registered capital. All repurchased shares will be canceled and delisted from the China Securities Depository and Clearing Corporation Limited Shanghai Branch on December 18, 2025. The company confirmed that the funds used were from its own capital, and the repurchase will not significantly impact its operations, financial position, or listed status, nor will it alter the company's control structure.

Following the repurchase and subsequent cancellation, the total share capital of Shandong Nanshan Aluminium will decrease from 11,613,670,848 shares to 11,483,701,559 shares. Significant shareholders, including Nanshan Group Co. and its affiliated entities, will see a proportional increase in their percentage of ownership.