Listed Companies Announce Share Buybacks Densely; Zijin Mining Has Repurchased 642 Million Yuan

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Due to recent fluctuations in the capital markets, the stock prices of A-share listed companies have experienced significant volatility. Against this backdrop, dozens of listed companies disclosed buyback or share increase plans or progress intensively on the evening of March 23.

Zijin Mining’s board approved a buyback proposal on March 20, agreeing to use the company’s own funds to repurchase shares through centralized bidding trading, with a total buyback amount of no less than 1.5 billion RMB and no more than 2.5 billion RMB, with a maximum buyback price of 41.5 RMB per share. On March 23, the company repurchased 21 million A-shares through centralized bidding trading for the first time, representing 0.08% of the company’s total share capital. The highest buyback price was 31.15 RMB per share, the lowest was 29.82 RMB, and the total amount paid was 642 million RMB.

Bohai Leasing plans to use its own funds and self-raised funds to repurchase some of its issued A-shares through centralized bidding trading, with a buyback amount not exceeding 500 million RMB and not less than 300 million RMB; the buyback price will not exceed 7.36 RMB per share. Bohai Leasing stated that all shares repurchased this time are necessary to maintain the company’s value and shareholders’ interests, and the repurchased shares will all be sold. If there are subsequent employee stock ownership plans or equity incentives, the purpose of the repurchased shares may also be adjusted to be used for employee stock ownership plans or equity incentives.

Mingde Biology plans to repurchase its shares through centralized bidding trading, with a total fund of no more than 200 million RMB and no less than 100 million RMB; the buyback price will not exceed 28 RMB per share. Based on the maximum buyback fund of 200 million RMB, it is estimated that approximately 7.14 million shares can be repurchased, accounting for about 3.07% of the company’s current total share capital.

JinGuan Electric’s disclosed buyback progress shows that as of March 23, the company has repurchased a total of 1.8064 million shares, accounting for 1.32% of the company’s total share capital. The highest transaction price was 19.53 RMB per share, and the lowest was 14.33 RMB. The total payment was 31.7553 million RMB.

Zhongshun Jierou’s board approved a related proposal to use self-owned funds to repurchase company shares through centralized bidding trading. The repurchased shares will be used as a source for implementing employee stock ownership plans or equity incentive plans. The total buyback amount will not be less than 60 million RMB and not more than 120 million RMB, with a buyback price not exceeding 12.4 RMB per share. On March 23, the company repurchased 1.2 million shares through a dedicated securities account for share repurchase via centralized bidding, representing 0.09% of the current total share capital. The highest transaction price was 8.27 RMB per share, the lowest was 7.83 RMB, and the total transaction amount was 9.7835 million RMB.

Huifa Food’s board approved a buyback plan on March 20, agreeing to repurchase company shares via centralized bidding trading, to be used in the future for implementing employee incentive plans. The total buyback amount will not be less than 80 million RMB and not more than 120 million RMB, with a buyback price not exceeding 16.11 RMB per share. On March 23, the company repurchased 833,000 shares through centralized bidding trading, accounting for about 0.34% of the company’s total share capital. The highest transaction price was 9.28 RMB per share, the lowest was 9.01 RMB, and the total paid was 7.5888 million RMB.

Jieti Biology announced a buyback plan by the end of December 2025, with a total buyback fund of no less than 15 million RMB and no more than 30 million RMB. The buyback price will not exceed 25.32 RMB per share. As of March 23, 2026, the company had repurchased 1.1175 million shares through centralized bidding, accounting for 0.80% of the current total share capital. The highest buyback price was 18.43 RMB per share, the lowest was 14.71 RMB, and the total amount paid was 18.7471 million RMB.

Yuanli Shares’ board approved a buyback plan on February 24, to use no less than 50 million RMB and no more than 60 million RMB of its own funds to repurchase shares, with a price not exceeding 20 RMB per share. On March 23, the company executed its first buyback, repurchasing 830,000 shares through centralized bidding, representing 0.23% of the current total share capital. The highest transaction price was 16.09 RMB per share, the lowest was 15.59 RMB, and the total amount paid was 13.2303 million RMB.

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

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