Zhongtong Bus repurchases shares, nears 70m yuan mark

Zhongtong Bus Holding Co. Ltd. announced that as of September 30, 2025, it had repurchased 6,521,000 of its shares through centralized bidding. This represents 1.1% of the company's current total share capital. The repurchases were executed at a highest price of 11 yuan per share and a lowest price of 10.49 yuan per share.

The total value of shares repurchased amounted to 69,986,694.00 yuan (excluding transaction fees). This repurchase activity aligns with the board's resolution passed on April 24, 2025, which approved a plan to repurchase shares using company funds for equity incentives or employee stock ownership plans. The total capital allocated for this program is between 100 million yuan and 200 million yuan, with a maximum repurchase price of 15 yuan per share.

The company's repurchase program is set to continue for 12 months from the date of the board's approval and adheres to relevant securities regulations. Zhongtong Bus commits to providing further updates as the program progresses.