Zhejiang Yonghe Refrigerant Co LtdCompany completed first buyback of 260,000 shares, part of a larger plan to repurchase up to 300 million yuan, signaling capital return to shareholders.

Yonghe Shares announced that on August 3, 2026, the company completed its first share buyback through centralized competitive trading, repurchasing 260,000 shares, accounting for 0.05 percent of total share capital. The transaction price ranged from 31.29 yuan to 31.55 yuan per share, with a total payment of 8.1774 million yuan. This buyback is part of a plan approved at the company's third extraordinary general meeting of 2026. The total buyback amount under the plan is no less than 150 million yuan and no more than 300 million yuan, of which 120 million to 240 million yuan will be used for cancellation to reduce registered capital, and 30 million to 60 million yuan will be used for employee stock ownership plans or equity incentives. The buyback price cap is 38 yuan per share, and the implementation period is within nine months after approval by the general meeting.
Zhejiang Yonghe Refrigerant Co LtdCompany completed first buyback of 260,000 shares, part of a larger plan to repurchase up to 300 million yuan, signaling capital return to shareholders.