Nanshan Aluminum Industry: Plans to repurchase shares worth 300 million to 600 million yuan to reduce registered capital.
Nanshan Aluminium announced that the company plans to repurchase shares through centralized bidding trading, with a repurchase fund of no less than 300 million yuan and not exceeding 600 million yuan, at a repurchase price not exceeding 7.52 yuan per share, for the purpose of canceling and reducing registered capital. The repurchase period shall not exceed 12 months from the approval of the final plan by the shareholders' meeting. As of September 30, 2025, based on the highest repurchase fund, the repurchase fund accounts for approximately 0.82% of total assets and 1.15% of net assets, which will not have a significant impact on the company. In addition, there are no plans for share reduction by related parties in the next 3 or 6 months. The repurchase carries risks such as stock price, creditors, operations, and policies.
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