Pangang Group Vanadium Titanium & Resources nears share buyback completion

Pangang Group Vanadium Titanium & Resources announced its share repurchase progress, having bought back 36,354,559 shares as of November 30, 2025. This represents 0.39% of the company's total share capital, with a total expenditure of RMB100,982,925.66 (excluding transaction fees). The shares were acquired through centralized bidding transactions on the Shenzhen Stock Exchange.

The repurchase prices ranged from a maximum of RMB2.96 per share to a minimum of RMB2.57 per share. The company previously approved a share repurchase plan on April 21, 2025, committing between RMB100 million and RMB200 million for the buyback, with a maximum price of RMB4.30 per share. The program, funded by the company's own capital, is intended to support future equity incentives and aligns with regulatory requirements.

The company affirmed its compliance with all relevant regulations regarding the timing, volume, and pricing of the share repurchases. Pangang Group Vanadium Titanium & Resources plans to continue executing the repurchase plan within the designated timeframe and will provide further disclosures as required.