Yonguan New Materials: Proposes to Increase Share Repurchase Amount, Share Repurchase Price Cap Adjusted from RMB 20.35/share to RMB 31.1/share

K-LinePoet · 2026-03-17T16:09:48+00:00

Yongyu New Materials announced an adjustment to its share repurchase plan, increasing the total repurchase amount from 30 million yuan to 50 million yuan to 50 million yuan to 100 million yuan, and raising the repurchase price ceiling from 20.35 yuan per share to 31.1 yuan per share.

K-LinePoet

2026-03-17 16:09:48

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Yongguan New Materials announces that it plans to increase the share repurchase amount, adjusting the total repurchase funds from “not less than RMB 30 million (including RMB 30 million) and not more than RMB 50 million (including RMB 50 million)” to “not less than RMB 50 million (including RMB 50 million) and not more than RMB 100 million (including RMB 100 million)”; the maximum price per share for repurchase is adjusted from RMB 20.35 to RMB 31.1. This price does not exceed 150% of the average stock price of the company over the 30 trading days prior to the resolution passed by the board of directors on “Proposal to Increase the Repurchase Amount and Adjust the Price Ceiling for Repurchased Shares.”

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