Pangang Group Vanadium Titanium nears 101m yuan in share repurchases

Pangang Group Vanadium Titanium & Resources announced its latest progress on the share repurchase program approved on April 21, 2025. As of September 30, 2025, the company had repurchased 36,354,559 shares through the Shenzhen Stock Exchange, representing 0.39% of its total share capital. The aggregate transaction value reached RMB100,982,925.66 (excluding transaction fees), with prices ranging from a low of RMB2.57 per share to a high of RMB2.96 per share.

The company's board approved using its own funds to repurchase shares via centralized bidding, intended for equity incentives. The total repurchase amount was set at no less than RMB100,000,000 and no more than RMB200,000,000, with a maximum price of RMB4.30 per share. The repurchase period is 12 months from the approval date of the ninth board of directors' twenty-third meeting.

Pangang Group Vanadium Titanium & Resources confirmed that the repurchase activities comply with relevant regulations, including not exceeding the maximum price of RMB4.30 per share. The company will continue to implement the repurchase plan within the designated period, adhering to information disclosure requirements and reminding investors of potential investment risks.