Company Announces Share Buyback Plan with Completion Amount Exceeding 2 Billion

Securities Times Reporter Zang Xiaosong

Recently, due to fluctuations in the capital markets, the stock prices of A-share listed companies have experienced significant volatility. Against this backdrop, 20 listed companies disclosed share repurchase plans or progress intensively on the evening of March 23.

According to incomplete statistics, by 10:30 p.m., four companies—Bohai Leasing (000415), Mingde Biological (002932), Zangge Mining, and Xinjie Electric (603416)—had announced plans to repurchase their own shares. Based on the minimum repurchase amount, the total planned repurchase exceeds 600 million yuan; based on the maximum, it exceeds 1.1 billion yuan. Zijin Mining (601899), Zhongshun Jierou (002511), Yuanli Co., Ltd. (300174), and two other companies initiated repurchases for the first time, with a total repurchase amount close to 700 million yuan. Additionally, more than ten other companies disclosed progress, with total repurchases exceeding 700 million yuan.

Bohai Leasing announced that it plans to use its own funds and raised funds to repurchase some of its A-shares through centralized bidding, with a repurchase amount not exceeding 500 million yuan and not less than 300 million yuan. The repurchase price will not exceed 7.36 yuan per share.

Mingde Biological plans to repurchase shares via centralized bidding, with a total fund limit of no more than 200 million yuan and no less than 100 million yuan; the repurchase price will not exceed 28 yuan per share. Based on the maximum repurchase fund of 200 million yuan, approximately 7.14 million shares could be repurchased, accounting for about 3.07% of the company’s current total share capital.

Xinjie Electric announced a repurchase plan on the evening of March 23, intending to use 30 million to 50 million yuan of its own funds to repurchase shares via centralized bidding. The shares repurchased will be used for employee stock ownership plans or equity incentives. The purchase price will not exceed 80 yuan per share.

Zijin Mining, Zhongshun Jierou, and three other companies disclosed their first-time repurchase activities. Zijin Mining repurchased 21 million A-shares through centralized bidding on March 23, with a maximum price of 31.15 yuan per share and a minimum of 29.82 yuan per share, totaling 642 million yuan.

On March 23, Zhongshun Jierou repurchased 1.2 million shares through a dedicated securities account via centralized bidding, representing 0.09% of the company’s current total share capital. The highest transaction price was 8.27 yuan per share, the lowest was 7.83 yuan, with a total transaction amount of 9.7835 million yuan.

Hui Fa Food and Yuanli Co., Ltd. also disclosed their first repurchase activities. On March 23, Hui Fa Food (603536) repurchased 830,000 shares via centralized bidding, totaling 7.5888 million yuan. On the same day, Yuanli Co., Ltd. repurchased 830,000 shares, accounting for 0.23% of the current total share capital, with a maximum price of 16.09 yuan per share and a minimum of 15.59 yuan, totaling 13.2303 million yuan.

Additionally, some companies disclosed progress in their repurchase plans. As of March 23, 2026, Jiet Biological had repurchased 1.1175 million shares via centralized bidding, representing 0.80% of the total share capital, with a total expenditure of 18.7471 million yuan.

Jinguan Electric reported that as of March 23, it had repurchased a total of 1.8064 million shares, accounting for 1.32% of the company’s total share capital, with the highest purchase price at 19.53 yuan per share and the lowest at 14.33 yuan, spending a total of 31.7553 million yuan.

The stable development of the capital market relies on the resonance between listed companies and investors. In the context of market fluctuations, companies have launched repurchase plans, executed buybacks, and disclosed progress, demonstrating their firm confidence in intrinsic value through real actions, which also helps maintain market stability and protect investors’ legitimate rights and interests.