Shandong Hi-Speed Road & Bridge completes share repurchase program

Shandong Hi-Speed Road & Bridge (SZSE:000498) announced the completion of its share repurchase program, approved by shareholders on May 19, 2025, after resolutions passed at the 10th board meeting held on April 28, 2025. The company repurchased 8,559,700 A shares, representing 0.55% of its total share capital. The repurchased shares, acquired through centralized bidding, will be canceled to reduce registered capital. The repurchase occurred between June 10 and June 20, 2025, with a price range of CNY5.76 to CNY5.93 per share, totaling CNY50,086,372.94 (excluding transaction costs). This buyback reflects confidence in the company's future and will not impact the company's listing status or control structure. The repurchased shares will be cancelled.