C&S Paper announces share repurchase progress

C&S Paper Co., Ltd. (SZSE:002511) announced the progress of its share repurchase program. As of May 31, 2025, the company has cumulatively repurchased 2,100,000 shares through a dedicated securities account, representing 0.16% of the company's total share capital. The highest transaction price was CNY 6.50 per share, and the lowest was CNY 6.01 per share. The total transaction amount was CNY 13,216,384 (excluding transaction costs). This repurchase plan, approved by the board, aims to utilize company funds to buy back shares for future employee stock ownership or equity incentive plans. The total repurchase amount will not be less than CNY 30 million and will not exceed CNY 60 million, with a repurchase price not exceeding CNY 9.77 per share. The repurchase period extends until April 1, 2026.