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