Hengyi Petrochemical provides update on fifth share repurchase program

Hengyi Petrochemical Co., Ltd. announced progress on its fifth share repurchase program, initially approved by the board on October 22, 2024. As of August 29, 2025, the company has cumulatively repurchased 29,240,840 shares through its dedicated securities account via centralized bidding. This represents 0.81% of the company's total share capital.

The repurchases were executed at a highest price of CNY 6.62 per share and a lowest price of CNY 5.97 per share. The total transaction amount for these repurchases reached CNY 184,899,176.08, excluding commission, transfer fees, and other transaction costs.

The fifth share repurchase program aims to buy back shares with a total value not less than CNY 12,500 million and not exceeding CNY 25,000 million, with a maximum repurchase price initially set at CNY 9.00 per share, later adjusted to CNY 8.94 per share. Hengyi Petrochemical plans to continue implementing the repurchase scheme within the designated period, adhering to information disclosure obligations.