Chanhen Chemical completes share repurchase and cancellation

Guizhou Chanhen Chemical Corporation (SZSE:002895) announced the completion of its share repurchase and cancellation program. A total of 3,318,406 shares, representing 0.61% of the company's pre-cancellation share capital, were successfully cancelled on March 6, 2025. The cancellation has resulted in an adjustment to the convertible bond ("川恒转债") conversion price from 18.72 yuan/share to 18.73 yuan/share, effective March 10, 2025. The repurchase was executed through centralized bidding, with an average transaction price of 17.24 yuan/share, totaling 57,196,449.90 yuan (excluding transaction fees). Following the cancellation, the company's total share capital stands at 538,664,490 shares. The company will proceed with the necessary registered capital reduction and articles of association amendments.