40 Companies Disclose Stock Repurchase Progress, Boosting Market Optimism

From the perspective of newly disclosed buyback plans, several companies had significant stock repurchase plans. Ningde Times, Jack Shares, and Yingke Regeneration had the highest buyback plan amounts, with 8 billion yuan, 1.5 billion yuan, and 80 million yuan, respectively. Shangta Technology had the highest buyback amount approved by its shareholder meeting, with 1.1637 million yuan.

In terms of share buyback implementation progress, SF Holdings, Extreme Technology, and Tongxingda had the highest buyback amounts, with 8.59 billion yuan, 1.84 billion yuan, and 1.11 billion yuan, respectively. Furthermore, 4 companies had completed buybacks exceeding 10 million yuan, with China Ocean Shipping, Meiyuan Jiayang, and Yinghua Special having the highest completed buyback amounts, with 14.04 billion yuan, 2 billion yuan, and 20 million yuan, respectively.

Several other companies also disclosed significant stock repurchase plans, including Giant Star Agriculture, Huada New Materials, and Homeyy Joy, with proposed repurchases of no more than 3.0 billion yuan, 2.0 billion yuan, and 2.0 billion yuan, respectively. Additionally, Oriental Yuhong, China Resources Materials, and Meige Smart had shareholder-approved repurchase plans exceeding 10 million yuan, with proposed repurchases of no more than 10.0 billion yuan, 1.1 billion yuan, and 60 million yuan, respectively.

Shengtai Technology received approval from its shareholder meeting to proceed with its buyback scheme, aiming to repurchase shares worth up to 11.637 million yuan. This move demonstrates the company's confidence in its future prospects and its commitment to enhancing shareholder value. Other companies, such as Dongfang Yulu, China Resources Materials, and Meike Smart, also received approvals for their buyback plans.

The recent surge in stock buybacks and significant shareholder purchases among listed companies has injected a dose of optimism into the market. Companies such as Haier Smart Home, Optoelectronic Shares, Hangmin Shares, and Guobang Pharmaceutical have taken concrete steps to repurchase their shares. For instance, Haier Smart Home repurchased 610,000 shares and announced that its directors and senior management would voluntarily purchase additional shares, with a projected total investment ranging from 20.85 million yuan to 41.7 million yuan.

Similarly, Hangmin Shares' controlling shareholder, Zhejiang Hangmin Industrial Group, purchased 6.46 million shares, equivalent to 0.63% of the company's total shares. The controlling shareholder plans to continue purchasing shares over the next 12 months, with a target of acquiring between 1,000 and 15 million shares. Other companies, including Wanhua Chemical and Jack Shares, have also disclosed plans to repurchase their shares, demonstrating the confidence of listed companies and their major shareholders in the market's prospects. As the market continues to trend upward, investors can expect to see more companies follow suit, further driving market growth and stability.