Jingxing Paper announces no share repurchase activity

Zhejiang Jingxing Paper Joint Stock Co., Ltd. (SZSE:002067) announced that it has not yet implemented its share repurchase program as of February 28, 2025. The buyback plan, approved at the company's board and shareholder meetings in October and November 2024, authorizes the company to repurchase shares for an amount between RMB 80 million and RMB 150 million. The shares were intended for conversion into corporate bonds. The company will continue to monitor market conditions and implement the buyback plan within the approved timeframe, while adhering to relevant regulations and disclosure requirements. Investors are advised to be mindful of investment risks.