CompaniesA-shares

A-Share Firms Step Up Buybacks, Stake Increases and Dividends; Wuliangye, CATL Disclose Progress

Published: Updated: By 24TopNews Editorial Desk

Multiple A-share companies have disclosed intensive repurchase, stake-increasing, and dividend plans. Wuliangye repurchased shares worth RMB 802 million in July 2026, while Sunpower, Luxshare, Sinopec, and others reported progress. CATL announced a mid-year dividend of RMB 14.11 per 10 shares, totaling about RMB 6.18 billion. WuXi AppTec, Dongfang Precision, and Tianci Materials also disclosed dividends. Several companies, including Dongwu Securities and Shenkoda, announced controlling shareholder or insider stake increases.

Wuliangye Yibin Co. , Ltd. repurchased 10.7808 million shares through centralized bidding transactions in July 2026, representing 0.28% of its total share capital, at a transaction price range of RMB 73.34 to RMB 74.84 per share, with a total payment of RMB 802 million. As of July 31, the company had cumulatively repurchased 13.3166 million shares, representing 0.34% of its total share capital, with a highest transaction price of RMB 85.25 per share, a lowest transaction price of RMB 73.33 per share, and a cumulative payment of RMB 1.002 billion. Wuliangye announced its repurchase plan in April 2026, aiming to repurchase shares worth no less than RMB 8 billion and no more than RMB 10 billion, at a repurchase price not exceeding RMB 153.59 per share, with an implementation period of 12 months from the shareholder meeting's approval. Sungrow Power Supply plans to repurchase shares using its own or self-raised funds, with a total amount of no less than RMB 500 million and no more than RMB 1 billion, at a repurchase price not exceeding RMB 188 per share, for employee stock ownership plans or equity incentives. Luxshare Precision had repurchased 17.6654 million A-shares as of July 31, representing 0.23% of total share capital, with a total transaction amount of approximately RMB 1 billion. As of July 31, Sinopec had cumulatively repurchased 87.2907 million A-shares, representing 0.07% of total share capital, with a payment of RMB 414 million. Yonghe Stock completed its first repurchase of 260,000 shares on August 3, paying approximately RMB 8.1774 million, following a previously planned repurchase amount of RMB 150 million to RMB 300 million. Daqin Railway plans to repurchase shares with its own funds of RMB 400 million to RMB 500 million, and all repurchased shares will be cancelled to reduce registered capital. Dongwu Securities' controlling shareholder, Suzhou International Development Group Co. , plans to increase its shareholding in the company, with an increase amount of no less than RMB 100 million and no more than RMB 200 million, without setting a price range. Feilu Stock's controlling shareholder, JunTuo Qihang, plans to increase holdings by RMB 50 million to RMB 100 million, and the Agricultural Bank of China Qingdao Branch has issued a loan commitment letter providing a loan quota of RMB 90 million. Shenkoda's core backbone Lin Guangman increased his shareholding in the company by 179,700 shares through centralized bidding on August 3, with a total increase amount of RMB 10.4966 million, which has reached the plan's upper limit and been fully implemented. Sinocare achieved operating revenue of RMB 2.537 billion in the first half of 2026, up 12.08% year-on-year; net profit attributable to the parent was RMB 221 million, up 22.52% year-on-year. Xinquan Stock achieved operating revenue of RMB 8.015 billion in the first half, up 7.45% year-on-year; net profit attributable to the parent was RMB 414 million, down 1.9% year-on-year. WuXi AppTec achieved operating revenue of RMB 28.897 billion in the first half, up 38.93% year-on-year; net profit attributable to the parent was RMB 11.08 billion, up 29.43% year-on-year, with orders in hand of RMB 66.43 billion as of the end of June, up 25.2% year-on-year. CATL announced its 2026 interim dividend implementation, based on 4,380,035,575 shares after deducting repurchased shares, distributing a cash dividend of RMB 14.11 per 10 shares, totaling approximately RMB 6.18 billion, with the record date on August 7 and the ex-dividend date and cash dividend payment date on August 10. WuXi AppTec plans to further expand its interim dividend scale, distributing RMB 5.1 per 10 shares, calculated on 2,953,907,024 shares after deducting repurchased shares and treasury stock, totaling RMB 1.506 billion. Dongfang Precision, based on 1,217,285,908 shares, will distribute RMB 2 per 10 shares, totaling RMB 243 million. Tianci Materials plans to distribute RMB 1 per 10 shares, calculated on 2,030,065,984 shares after deducting repurchased shares, distributing RMB 203 million.