Huaxiang Shares announced plans to repurchase shares through centralized competitive bidding, with a buyback amount ranging from 30 million to 50 million yuan. The repurchase price will not exceed 24.7 yuan per share, and the number of shares to be repurchased will be between 1.2146 million and 2.0243 million shares. The buyback period is within three months after approval by the board of directors. In the first quarter of 2026, the company achieved revenue of 1.054 billion yuan and net profit attributable to the parent company of 147 million yuan.
Shanxi Huaxiang Group Co LtdCompany announces share buyback of 30-50 million yuan, which is a capital allocation event typically viewed as positive for shareholders.