Yongtai Energy Co., Ltd. Share Repurchase Progress: Cumulative repurchase of 3.5 million shares costing 5.53 million yuan, accounting for 0.02% of the total share capital.

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Yongtai Energy Group Co., Ltd. (hereinafter referred to as “Yongtai Energy”) released an announcement on April 3, 2026, regarding the progress of its share repurchase, disclosing the implementation status as of March 31, 2026. The announcement shows that since the implementation of the repurchase plan, the company has repurchased a total of 3.5 million shares, accounting for 0.02% of the total share capital, with a total expenditure of 5.53 million yuan, and the repurchase price has remained stable at 1.58 yuan per share.

Basic Information of the Repurchase Plan

According to the announcement, Yongtai Energy’s share repurchase plan was first disclosed on December 2, 2025, and approved at the 25th meeting of the 12th Board of Directors held on December 1, 2025, as well as at the third extraordinary general meeting of 2025 held on December 22. Under the plan, the company intends to use its own funds and self-raised funds to repurchase shares through centralized bidding trading on the Shanghai Stock Exchange, for cancellation to reduce registered capital.

The implementation period of this repurchase plan is from December 22, 2025, to December 21, 2026, with an estimated total repurchase amount between 300 million yuan and 500 million yuan, and a repurchase price not exceeding 2.50 yuan per share.

Current Repurchase Progress: Total 3.5 million shares repurchased, amounting to 5.53 million yuan

As of March 31, 2026, Yongtai Energy had repurchased a total of 3.5M shares through centralized bidding trading, representing 0.02% of the company’s total share capital. During this period, the highest and lowest transaction prices for the repurchased shares were both 1.58 yuan per share, with a total payment of 5.53M yuan (excluding transaction fees).

The announcement emphasizes that the above repurchase progress complies with the “Rules for Share Repurchase by Listed Companies,” “Guidelines for Self-Regulation of Listed Companies on the Shanghai Stock Exchange No. 7—Share Repurchase,” and other relevant laws and regulations, as well as the company’s repurchase plan requirements.

Follow-up Arrangements: To be implemented as market conditions permit

Yongtai Energy stated that the company will make repurchase decisions and carry out repurchases based on market conditions within the repurchase period. Additionally, in accordance with relevant regulations, the company will disclose the progress of repurchases at the end of each month within the first three trading days, timely fulfilling its information disclosure obligations.

Market analysis suggests that share repurchases are generally viewed as a recognition of a company’s own value. This repurchase, aimed at reducing registered capital, can help improve earnings per share. The ongoing progress and scale of the repurchase are worth continuous attention.

Disclaimer: The market carries risks; investment should be cautious. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s views. All information in this article is for reference only and does not constitute personal investment advice. Please refer to the actual announcement for any discrepancies. If you have questions, contact biz@staff.sina.com.cn.

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Editor: Xiao Lang Express