---
title: "NANYA NEW MATERIAL disclosed the progress of the concentrated bidding reduction of repurchased shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259477712.md"
description: "NANYA NEW MATERIAL Technology Co., Ltd. announced the progress of its share repurchase and concentrated bidding reduction. From February to April 2024, the company repurchased a total of 7,866,401 shares and plans to reduce no more than 2,347,710 shares within three months after 15 trading days starting from July 14, 2025. As of the announcement date, 2,315,470 shares have been reduced, with an average reduction price of 51.14 yuan/share, totaling 118,412,176.71 yuan. The funds from the reduction will be included in the capital reserve and will not affect the company's operations, but may not be completed as planned due to market factors"
datetime: "2025-09-30T08:30:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259477712.md)
  - [en](https://longbridge.com/en/news/259477712.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259477712.md)
generator: "portal-rs"
---

# NANYA NEW MATERIAL disclosed the progress of the concentrated bidding reduction of repurchased shares

NANYA NEW MATERIAL Technology Co., Ltd. announced the progress of share repurchase and centralized bidding reduction. From February to April 2024, the company repurchased a total of 7,866,401 shares and plans to reduce no more than 2,347,710 shares within three months after 15 trading days starting from July 14, 2025. As of the announcement date, 2,315,470 shares have been reduced through centralized bidding, with an average reduction price of 51.14 yuan/share, accounting for 0.99% of the total share capital, and a total reduction amount of 118,412,176.71 yuan. The funds recovered from this reduction will be included in the capital reserve and will not affect the company's operations. However, due to regulatory requirements and market factors, the reduction may not be completed as planned, and the company will disclose information in accordance with regulations

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**