China Greatwall completes share repurchase program

China Greatwall Technology Group (SZSE:000066) announced the completion of its share repurchase program, initiated on December 27, 2024. The company repurchased 11,114,404 A-shares through a dedicated securities account, representing 0.3445% of its total share capital. The highest transaction price was CNY 17.48 per share, and the lowest was CNY 13.28 per share, with a total expenditure of CNY 166,190,269.88 (excluding transaction costs). The repurchased shares are intended for an employee stock ownership program. The share repurchase occurred between December 31, 2024, and March 7, 2025. After the repurchase, the company holds 16,114,350 shares in its dedicated account and the number of unrestricted shares decreased from 3,141,793,331 to 3,130,678,927. The company states that this share repurchase will not cause a change in control, nor will it alter its listing status.