FilingReader Intelligence

Yintai Gold buys 0.07% of shares as repurchase program begins

September 2, 2025 at 08:50 AM UTCBy FilingReader AI

Yintai Gold Co., Ltd. has updated the market on its share repurchase program, approved by its board of directors on April 29, 2025, and by shareholders on May 15, 2025. The company plans to use its own funds and a dedicated repurchase loan to acquire between RMB100 million and RMB200 million of its A-shares, at a maximum price of RMB29.70 per share. These repurchased shares will be canceled, reducing the company's registered capital. The repurchase period, which will last for 12 months, began on the date the resolution passed the shareholders' meeting.

As of August 31, 2025, Yintai Gold had cumulatively repurchased 1,834,929 A-shares through concentrated bidding on a dedicated securities account. This accounts for 0.07% of the company's total share capital. The highest price paid per share was RMB19.45, while the lowest was RMB17.85. The total transaction amount for these repurchases reached RMB34,092,534.43, excluding transaction fees.

The company confirmed that the current repurchase activities are in line with the approved plan and relevant legal and regulatory requirements. Yintai Gold stated it will continue to implement the program within the designated timeframe, adhering to information disclosure obligations. Investors are advised to consider the investment risks.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000975Shenzhen Stock Exchange

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