Zhejiang NHU commences share repurchase program amid shareholder meeting

Zhejiang NHU Company (SZSE:002001) announced the commencement of its share repurchase program, following the approval of key resolutions at its 2024 Annual General Meeting held on May 8, 2025. The company repurchased 456,400 shares on May 6th via centralized bidding, representing 0.0148% of the total share capital. The highest transaction price was CNY21.95 per share, and the lowest was CNY21.87 per share, with a total transaction amount of CNY9,998,648.80 (excluding transaction fees). The company stated that the repurchase complies with its previously established repurchase plan and relevant regulations. Shareholders approved resolutions including the 2024 Board and Supervisory Committee work reports, the 2024 annual report and financial statements, and the 2024 profit distribution plan. Shareholders also approved plans for the company to conduct a note pool business, provide a guaranteed amount for its subsidiaries, and purchase liability insurance for executives and supervisors.