Cumulative amount exceeds 43 billion! Over 800 A-share listed companies have implemented repurchases this year, and the individual stocks' repurchase amounts ranking list has been released.

According to Choice data, as of the time of publication, since 2025, a total of 812 listed companies have implemented share buybacks, with a cumulative buyback amount of 43.052 billion yuan. In terms of the amount of buybacks by listed companies, 13 companies have repurchased more than 500 million yuan, specifically Kweichow Moutai, Hangzhou Hikvision Digital Technology, XCMG Construction Machinery, Zijin Mining Group, Beijing-Shanghai High Speed Railway, China State Construction Engineering Corporation, Boe Technology Group, HMT (Xiamen) New Technical Materials Co., Ltd, Muyuan Foods, COSCO Shipping Holdings, Huizhou Desay SV Automotive, Zhengzhou Coal Mining Machinery Group, and Beijing Oriental Yuhong Waterproof Technology. Among these, Kweichow Moutai ranked first in terms of buyback amount, reaching 1.948 billion yuan. For more details, see the chart below: Kweichow Moutai, with a total market value exceeding 1.9 trillion yuan, specializing in the production and sale of Maotai liquor and related products, announced on April 8th that as of April 7, 2025, the company had repurchased a total of 1.3159 million shares, accounting for 0.1048% of the total share capital, with a total payment amount of 1.948 billion yuan. The buyback price range was between 1,417.01 yuan per share and 1,584.06 yuan per share. The buyback plan was approved at the shareholder meeting on November 27, 2024, with an expected buyback amount of 3-6 billion yuan, to be used for the cancellation and reduction of registered capital. Currently, the company will expedite the remaining buyback and share cancellation procedures of approximately 4.05 billion yuan in accordance with the upper limit of the buyback amount. The company has started drafting a new round of share buyback plans, and the controlling shareholder of the company, China Kweichow Moutai Distillery (Group) Co., Ltd., has started drafting an increase Holding plan. The company will strictly follow the relevant regulations and procedures to timely disclose relevant announcements. Hangzhou Hikvision Digital Technology, with a total market value exceeding 260 billion yuan, the largest domestic supplier of security and video surveillance products, announced on March 31 that as of the close of trading on March 31, 2025, the company had repurchased a total of 40.5042 million shares through a dedicated share buyback securities account through centralized bidding trading, accounting for 0.4387% of the company's current total share capital, with a highest transaction price of 32.7 yuan per share and a lowest transaction price of 27.53 yuan per share, with a total transaction amount of 1.235 billion yuan (excluding trading fees). Guoyuan, Geng Junjun, and others stated in a research report released on April 27 that Hang Kang Siasun Robot & Automation focuses on industrial IoT, smart logistics, and intelligent manufacturing, continues to invest in machine vision, and mobile Siasun Robot & Automation fields, and has added a full range of articulated Siasun Robot & Automation, gradually realizing the strategic layout of Siasun Robot & Automation "hands, eyes, and feet" collaboration, becoming a leading company in the industry. Hang Kang Weiying focuses on high-value-added MEMS, optoelectronic components, and sensor technology, builds multiple-dimensional perception capabilities such as temperature, pressure, flow, and level, and has become the leading enterprise in the domestic thermal imaging field. XCMG Construction Machinery, with a total market value exceeding 100 billion yuan, specializing in lifting machinery, earthmoving machinery, compaction machinery, road machinery, etc., announced on April 18 that by April 17, the company had repurchased a total of 121 million shares of the company, accounting for 1.02% of the total share capital, with a cumulative repurchase amount of 1.036 billion yuan. Zhang Yiming and others from Guosheng Securities stated in a research report released on April 29 that XCMG Construction Machinery is a leading company in the domestic construction machinery industry, and is expected to benefit from the domestic replacement cycle of construction machinery and further expansion of the overseas market. After the company's reform and adjustment, the company has gradually embarked on the path of high-quality development. As the company's on- and off-balance-sheet risk exposure decreases, cash flow becomes more abundant, inventory turnover accelerates, and the company's operating quality improves, the company's valuation is expected to rise. Zijin Mining Group, with a total market value exceeding 460 billion yuan, specializing in mineral copper, gold, silver, etc., announced on April 10 that as of April 10, 2025, the company has completed the repurchase plan, with the actual repurchased share quantity of 64.316 million shares, accounting for 0.24% of the total share capital. The highest repurchase price was 16.70 yuan per share, the lowest repurchase price was 15.20 yuan per share, the average repurchase price was 15.55 yuan per share, and the repurchase amount was 9.9989 billion yuan. Zijin Mining Group previously announced on April 8 that the company planned to repurchase shares worth 6-10 billion yuan. Liu Yiting from Tianfeng stated in a research report released on April 18 that Zijin Mining Group's copper and gold major projects in 2025 are making continuous progress. After the completion of Phase III of the Kamoa copper mine in the Congo, the annual copper production will increase to 600,000 tons, and a supporting 500,000 tons/year copper smelter will be built to create new profit growth points; the Savaloudon gold mine will mine 2.4 million tons/year of ore dressing and 5 tons/year of gold smelting projects are advancing capacity ramp-up, and after reaching production, the annual gold production will be about 3.3 tons. Zijin Mining Group 20The 25-year production target of 115,000 tons of copper and 85 tons of gold from mineral resources is expected to be successfully completed.This article is reprinted from Cailian Press, GMTEight editor: Chen Wenfang.