---
title: "JHEC: The repurchase ratio of shares reached 2.06%, with a total expenditure of 242 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253163207.md"
description: "Zhejiang JHEC Chemical Co., Ltd. announced that as of August 14, the company repurchased 27.9065 million shares through centralized bidding, accounting for 2.06% of the total share capital, with a cumulative expenditure of 242 million yuan. The repurchase plan is expected to be approved in April 2025 through relevant meetings, with a planned repurchase amount of 400 to 600 million yuan, mainly for reducing registered capital and employee stock ownership. The upper limit of the repurchase price has been adjusted to no more than 11.82 yuan per share, with the actual repurchase price ranging between 8.30 and 9.14 yuan per share"
datetime: "2025-08-15T07:34:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253163207.md)
  - [en](https://longbridge.com/en/news/253163207.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253163207.md)
---

# JHEC: The repurchase ratio of shares reached 2.06%, with a total expenditure of 242 million

Zhejiang JHEC Chemical Co., Ltd. announced the progress of its share repurchase through centralized bidding. In April 2025, the relevant meeting approved the repurchase proposal, expecting to repurchase shares worth 400 million to 600 million yuan, for purposes such as reducing registered capital and employee stock ownership. After adjusting the profit distribution plan for 2024, the upper limit of the repurchase price was set to not exceed 11.82 yuan per share. As of August 14, a total of 27.9065 million shares have been repurchased, accounting for 2.06% of the total share capital, with a cumulative repurchase amount of 242.4428 million yuan and an actual repurchase price of 8.30 - 9.14 yuan per share

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