Zhongji Innolight disclosed its share buyback results and share change announcement on the evening of September 24. As of September 23, 2026, the company's current buyback had been fully implemented. The actual buyback period ran from September 1 to September 23, 2026. Through a dedicated securities account for share repurchases, the company bought back a total of 5,653,063 shares via centralized bidding, accounting for 0.48 percent of its total share capital. The highest transaction price was 944.68 yuan per share and the lowest was 806.93 yuan per share, with a total payment of approximately 4.997 billion yuan, excluding transaction fees. Earlier, on August 31, 2026, the company held the fourth meeting of its sixth board of directors and approved the buyback plan. It planned to use its own funds or self-raised funds to repurchase shares through centralized bidding for use in equity incentive plans or employee stock ownership plans. The total buyback amount was to be no less than 4 billion yuan and no more than 8 billion yuan, with a repurchase price not exceeding 1,200 yuan per share, and the buyback period was not to exceed 12 months from the date of board approval. The announcement showed that the actual implementation period, repurchase price, and total buyback amount did not differ from the plan approved by the board. The actual buyback amount reached the lower limit of the plan and did not exceed the upper limit, and the buyback plan has been fully implemented. Regarding share changes, the announcement listed two scenarios. If all the repurchased shares are used for employee stock ownership plans or equity incentives and are fully locked up, the company's total share capital will remain unchanged. If all are cancelled, the total share capital will decrease from 1,177,909,641 shares to 1,172,256,578 shares. In the first half of 2026, Zhongji Innolight achieved operating revenue of 41.778 billion yuan, up 182.49 percent year on year, and net profit attributable to shareholders of the listed company of 13.651 billion yuan, up 241.70 percent year on year.
Shandong Zhongji Electrical Equipment Co LtdZhongji Innolight completed a ~5 billion yuan share buyback, a capital/valuation event for the company.
