Changbao Steeltube announces progress in share repurchase

Jiangsu Changbao Steeltube (SZSE:002478) announced the progress of its share repurchase program today. As of June 30, 2025, the company has repurchased 6,754,800 shares, representing 0.75% of the total share capital. The highest transaction price was CNY 5.42 per share, and the lowest was CNY 4.35 per share. The total amount paid for the repurchase was CNY 32,500,681.93 (including transaction fees). The company stated that the share repurchase activities comply with the previously disclosed repurchase plan and relevant laws and regulations. Changbao Steeltube will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations in a timely manner.