Hengyi Petrochemical makes progress on share repurchase program

Hengyi Petrochemical (SZSE:000703) announced progress in its fifth share repurchase program, initiated on October 22, 2024. As of May 30, 2025, the company has repurchased 29,240,840 shares, representing 0.80% of the total share capital. The repurchases were conducted through a dedicated securities account via centralized bidding. The highest transaction price was CNY 6.62 per share, and the lowest was CNY 5.97 per share. The total transaction amount reached CNY 184,899,176.08 (excluding commissions and transfer fees). The company affirmed that the repurchase activities adhere to relevant laws, regulations, and the previously disclosed repurchase plan. Hengyi Petrochemical will continue implementing the repurchase program, subject to market conditions and regulatory requirements.