---
title: "Saurer Intelligent disclosed the progress of its share repurchase, stating that as of the end of September, the repurchase has not yet begun"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260410056.md"
description: "Saurer Intelligent proposed to repurchase shares in July 2024, planning to use 50 million to 100 million yuan of its own funds for centralized bidding transactions, with the original repurchase period set from July 22, 2024, to July 21, 2025. The board subsequently extended the repurchase period to April 21, 2026. As of September 30, 2025, the company had not yet started the repurchase and will implement and disclose progress based on market conditions"
datetime: "2025-10-09T09:22:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260410056.md)
  - [en](https://longbridge.com/en/news/260410056.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260410056.md)
---

# Saurer Intelligent disclosed the progress of its share repurchase, stating that as of the end of September, the repurchase has not yet begun

On July 4, 2024, Saurer Intelligent Chairman Pan Xueping proposed a share buyback. On July 5 and 22, the company's board of directors and shareholders' meeting successively reviewed and approved the buyback proposal, intending to use 50 million to 100 million yuan of its own funds to repurchase shares through centralized bidding for cancellation and capital reduction. The original implementation period was from July 22, 2024, to July 21, 2025. On July 18, 2025, the board of directors agreed to extend the buyback period by 9 months to April 21, 2026. As of September 30, 2025, the company had not yet started the share buyback and will implement it at an opportune time based on market conditions and disclose progress in a timely manner

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