China Merchants South Oil: Intends to repurchase shares worth between 2.5 billion and 4 billion yuan, with a total repurchase of 256 million yuan.

China Merchants South Oil announced that the company plans to repurchase shares using its own funds of 250 million to 400 million yuan within 12 months starting from September 9, 2025, at a price not exceeding 4.32 yuan per share to reduce the registered capital. By the end of October 2025, the company had repurchased a total of 76,863,800 shares, accounting for 1.60% of the total share capital, and had paid a total of 256 million yuan, with a repurchase price ranging from 3.19 yuan per share to 3.38 yuan per share. In October, the company repurchased 1,826,200 shares, accounting for 0.04% of the total share capital, and the payment amount was 5.8424 million yuan.