Guizhou Chanhen Chemical's share repurchase tops 40m yuan

As of September 30, 2025, Guizhou Chanhen Chemical Corporation has repurchased 1,760,300 shares through concentrated bidding on the Shenzhen Stock Exchange, accounting for 0.29% of its current total share capital. The repurchase involved a total expenditure of 40,139,399.00 yuan, excluding transaction fees. The shares were acquired at prices ranging from 22.00 yuan to 23.90 yuan per share, utilizing the company's own funds. This progress aligns with the company's previously approved share repurchase plan.

The repurchase program was initially approved at the fourth board of directors' sixth meeting on February 25, 2025, and subsequently at an extraordinary general meeting on March 14, 2025. The plan aimed to repurchase shares worth between 40 million yuan and 80 million yuan, with a maximum price of 24.33 yuan per share. Adjustments to the maximum repurchase price were made on two occasions due to equity distributions: first to 23.13 yuan per share following the 2024 annual profit distribution, and later to 22.83 yuan per share after the 2025 semi-annual profit distribution.

The company has consistently disclosed its repurchase progress and related adjustments throughout the period, in compliance with regulatory requirements. Guizhou Chanhen Chemical Corporation intends to continue implementing the repurchase plan, while also urging investors to be aware of potential investment risks.