Hengyi Petrochemical continues share repurchase program

Hengyi Petrochemical (SZSE:000703) announced continued progress in its fifth share repurchase program. Between the start of the program on October 30, 2024, and April 30, 2025, the company repurchased 29,240,840 shares, representing 0.80% of its total share capital. The highest and lowest prices paid per share were CNY6.62 and CNY5.97 respectively. The total expenditure for this repurchase activity amounted to CNY184,899,176.08 (excluding commissions and transfer fees). Hengyi Petrochemical affirmed that the repurchase activities are compliant with relevant laws, regulations, and the company's established repurchase plan. The company stated it would continue to implement the share repurchase plan, subject to market conditions, and will fulfill information disclosure obligations in accordance with regulations, and reminded investors to pay attention to investment risks.