Overview of A-share Stock Buybacks: 19 Companies Disclose Buyback Progress

On September 16, 19 companies collectively announced 23 stock repurchase-related developments. Among them, 1 company’s shareholders proposed to repurchase company shares, 4 companies disclosed stock repurchase plans for the first time, 8 companies had their repurchase plans approved by the shareholders' meeting, 3 companies disclosed the progress of stock repurchase implementation, and 3 companies completed their repurchase plans. From the perspective of shareholder-proposed repurchase plans, on that day, 1 company had a proposed repurchase amount exceeding 10 million. EPOINT's shareholders proposed the highest repurchase amount, proposing to repurchase no more than 50 million yuan. From the perspective of first-time disclosed repurchase plans, on that day, 2 companies had repurchase plan amounts exceeding 10 million. China Express, ORIENT-CHIP TECHNOLOGY, and KINGFA had the highest repurchase plan amounts, proposing to repurchase no more than 160 million yuan, 40 million yuan, and 9.0584 million yuan, respectively. From the perspective of repurchase plans approved by the shareholders' meeting, on that day, 2 companies had repurchase plans exceeding 10 million. Saiteng Co., Ltd., Fumiao Technology, and Guangmai Technology had the highest repurchase amounts, proposing to repurchase no more than 143 million yuan, 25.015 million yuan, and 1.3393 million yuan, respectively. From the perspective of repurchase implementation progress, Kejie Intelligent, Tapa Group, and Honghui New Materials had the highest repurchase amounts, repurchasing 134 million yuan, 5.0198 million yuan, and 1.6 million yuan, respectively. From the perspective of completed repurchases, on that day, 2 companies had repurchase amounts exceeding 10 million. Zhejiang Agricultural Co., Ltd., Yongxi Electronics, and Industrial Fulian had the highest completed repurchase amounts, repurchasing 100 million yuan, 71.4921 million yuan, and 3.5093 million yuan, respectively