---
title: "SDF raises the upper limit of its share repurchase price to 10.22 yuan/share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253420258.md"
description: "Shandong Glass Fiber announced that it will adjust the upper limit of the share repurchase price from RMB 5.41 per share to RMB 10.22 per share, which has been approved by the board of directors and does not require a shareholders' meeting for deliberation. The repurchase plan will start in August 2024, with the original plan to use RMB 50 million to 100 million in funds, now adjusted to self-owned and self-raised funds. As of now, 6.22098 million shares have been repurchased, accounting for 1.0182% of the total share capital, with nearly RMB 30 million spent. This adjustment is due to changes in the capital market and stock prices, and it is expected that 1.95807 million to 6.850438 million shares will still need to be repurchased"
datetime: "2025-08-18T08:43:45.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253420258.md)
  - [en](https://longbridge.com/en/news/253420258.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253420258.md)
---

# SDF raises the upper limit of its share repurchase price to 10.22 yuan/share

On August 19, 2025, Shandong Glass Fiber announced that the upper limit of the share repurchase price was adjusted from RMB 5.41 per share to RMB 10.22 per share, which has been approved by the 11th meeting of the 4th Board of Directors and does not require the review of the shareholders' meeting. The company launched the repurchase plan in August 2024, originally intending to use RMB 50 million to 100 million of its own funds, and in February 2025, adjusted the funding source to include both its own and self-raised funds. As of now, 6.22098 million shares have been repurchased, accounting for 1.0182% of the total share capital, with nearly RMB 30 million spent. This adjustment is due to changes in the capital market and stock price, ensuring the implementation of the plan, and it is expected that an additional 1.95807 million to 6.850438 million shares will still need to be repurchased

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