CompaniesA-sharesNews brief

Zhaochi Plans RMB300-500M Share Buyback at up to RMB13.99 apiece

Published: 10 August 2026 at 19:06Updated: 10 August 2026 at 19:21By 24TopNews Editorial Desk

Zhaochi Shares announced on August 10, 2026 that the company plans to repurchase its shares using self-owned funds, with a total buyback amount ranging from RMB300 million to RMB500 million. The repurchase is intended to maintain company value and protect shareholder equity, with the repurchased shares designated for subsequent resale. The maximum buyback price is set at RMB13.99 per share.