Beijing Aviation Materials: The chairman proposes to repurchase shares worth 50 million to 100 million yuan.

date
10/11/2025
Beijing Aircraft Materials announced that on November 10, 2025, the chairman of the company, Yang Hui, proposed to use the excess proceeds to repurchase shares through centralized bidding trading. The total repurchase amount shall not be less than 50 million yuan and shall not exceed 100 million yuan, of which no less than 30 million yuan and no more than 60 million yuan shall be used for employee shareholding plans or equity incentives, and no less than 20 million yuan and no more than 40 million yuan shall be used to reduce registered capital. The repurchase price shall not exceed 80 yuan per share, and shall not exceed 150% of the average trading price of the company's stock for the 30 trading days before the board of directors passes the repurchase resolution. Yang Hui has not bought or sold company shares in the 6 months prior to the proposal, and there are no plans to increase or decrease holdings during the repurchase period. This matter still requires approval procedures and has uncertainties.