Hunan Valin Steel progresses with share repurchase plan

Hunan Valin Steel (SZSE:000932) announced an update on its share repurchase program today. As of May 31, 2025, the company has repurchased 25,930,800 shares, representing 0.3753% of its total share capital. The repurchases were executed through a dedicated securities account via centralized competitive bidding. The highest transaction price was CNY 5.27 per share, and the lowest was CNY 4.41 per share. The total transaction amount was CNY 126,218,237.98 (excluding transaction fees), funded by the company's own funds and self-raised funds. The company confirmed that the repurchase adheres to relevant laws and regulations, and the previously established repurchase plan. The repurchase aims to optimize capital structure and enhance shareholder value. Hunan Valin Steel will continue to implement the repurchase plan and will disclose information in accordance with regulations.