Tonghua Dongbao's share repurchase progress: Spent 27.57 million yuan to buy back 3 million shares for employee stock ownership and equity incentives.

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On April 2, 2026, Tonghua Dongbao Pharmaceutical Co., Ltd. (hereinafter referred to as “Tonghua Dongbao”) issued an announcement, disclosing the latest progress of the company’s share repurchase via centralized competitive trading. As of the end of March 2026, the company has cumulatively repurchased 3M shares, accounting for 0.15% of the total share capital. The company has cumulatively spent approximately RMB 27.5743 million (RMB 27.5743 million), and the repurchase price range was RMB 9.00 per share to RMB 9.33 per share.

Review of the Repurchase Plan

Tonghua Dongbao’s share repurchase plan began in October 2025. According to the announcement, on October 17, 2025, the company held the 18th meeting of the 11th session of the board of directors, which considered and approved the share repurchase plan proposed by Chairman Li Jiahong. The plan was first disclosed on October 18, 2025. Under the plan, the company intends to use its own funds to repurchase shares through centralized competitive trading. The total repurchase amount will not be less than RMB 20 million and will not exceed RMB 40 million. The repurchase price will not exceed RMB 10 per share. The repurchase period will be 6 months from the date the board approves the plan, i.e., from October 17, 2025 to April 16, 2026. The repurchased shares will be wholly used for an employee share ownership plan and/or equity incentives.

Progress of Repurchase Execution

The announcement shows that Tonghua Dongbao carried out its first share repurchase on November 6, 2025, and disclosed the related announcement the following day. As of the end of March 2026, the company has cumulatively repurchased 3M shares through centralized competitive trading, accounting for 0.15% of the company’s current total share capital. Judging from the trading information, the highest成交 price of this repurchase was RMB 9.33 per share, the lowest price was RMB 9.00 per share, and the cumulative total transaction amount was RMB 27,574,286.00 (excluding transaction fees).

Based on the funding range of the repurchase plan (RMB 20 million–RMB 40 million), the repurchase amount completed so far is RMB 3M, which is 137.87% of the lower limit of the plan and 68.94% of the upper limit.

Subsequent Arrangements and Risk Reminder

In the announcement, Tonghua Dongbao stated that the company will strictly comply with relevant regulations, including the 《Regulations on Share Repurchase by Listed Companies》 and the 《Self-regulatory Guidelines No. 7 for Listed Companies on the Shanghai Stock Exchange—Share Repurchases》, among others. Within the remaining repurchase period (as of April 16, 2026), the company will repurchase shares when appropriate based on market conditions, and will promptly fulfill its information disclosure obligations.

The company also reminds investors that the share repurchase is affected by multiple factors, including the market environment and the company’s share price. The actual number of shares and amount repurchased may involve uncertainties. Investors are kindly reminded to pay attention to investment risks.

Statement: There are risks in the market; invest cautiously. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s viewpoint. Any information appearing in this article is for reference only and does not constitute personal investment advice. In case of any discrepancy, please refer to the actual announcement. If you have any questions, please contact biz@staff.sina.com.cn.

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Responsible editor: Xiao Lang Express