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Cnsig Inner Mongolia Chemical concludes share buyback program

December 23, 2025 at 10:29 AM UTCBy FilingReader AI

Cnsig Inner Mongolia Chemical Industry Co., Ltd. (SSE:600328) has completed its share repurchase program, acquiring 9,036,570 shares, representing 0.616% of its total share capital. The repurchases were executed at prices ranging from RMB 6.71 to RMB 7.98 per share, with an average price of RMB 7.42 per share, totaling RMB 67,041,052.90. This initiative, finalized on December 22, 2025, aimed to support employee stock ownership plans, equity incentives, and safeguard company value and shareholder interests.

The repurchased shares will be held in a dedicated securities account for these purposes. The company's chairman, Zhou Jie, also increased his holdings by 23,900 shares, totaling RMB 191,420, and reaching a total of 165,470 shares, or 0.0112% of the company's total share capital.

The company affirmed that the share repurchase program aligns with its disclosed plans and will not materially impact its operations, financial condition, or listing status. The repurchased shares, currently stored in a dedicated securities account, do not carry rights to profit distribution, capital increases, new share issues, or voting.

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

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