Xiamen Intretech updates on share repurchase progress and extended timeline
Xiamen Intretech announced the progress of its share repurchase program as of November 30, 2025. The company has repurchased 4,745,640 shares, representing 0.6104% of its current total share capital. The highest price paid for a share was RMB 14.18, and the lowest was RMB 12.72. The total transaction amount, excluding trading fees, reached RMB 63,593,694.20.
The company's share repurchase plan was initially approved on September 9, 2024, with a total repurchase amount of no less than RMB 80,000,000 and no more than RMB 130,000,000, at a price not exceeding RMB 17.00 per share. Subsequent adjustments in October 2024 and June 2025 revised the price cap to RMB 16.87 and then RMB 16.58 per share, respectively. On September 8, 2025, the board further adjusted the price cap to RMB 23.00 per share and extended the repurchase period to March 8, 2026.
Xiamen Intretech previously secured a loan commitment from the Bank of China Xiamen Branch for up to RMB 110,000,000 to finance the share repurchase, indicating an increase in self-funded capital for the program. The company affirmed that the repurchase aligns with regulatory requirements and its established plan. Investors are advised to be aware of investment risks as the company continues its repurchase efforts.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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