Guangdong Mingzhu Group Co LtdCompany completes first share buyback, signaling financial strength and commitment to shareholder returns.

Guangdong Mingzhu carried out its first share buyback on July 28, 2026, through centralized bidding, repurchasing 598,900 shares, accounting for about 0.09 percent of the company's total share capital. The highest transaction price was 6.22 yuan per share, the lowest was 6.08 yuan per share, and the total amount paid was 3.6977 million yuan. According to the company's earlier announcement, the buyback plan intends to use its own funds or self-raised funds, with a total buyback amount of no less than 100 million yuan and no more than 150 million yuan. The buyback price will not exceed 10 yuan per share, and the buyback period will not exceed 12 months from the date of approval by the board of directors. The shares repurchased this time will be used for employee stock ownership plans or equity incentives.
Guangdong Mingzhu Group Co LtdCompany completes first share buyback, signaling financial strength and commitment to shareholder returns.