Yangfan New Materials: Cumulative Share Buyback of 1.7577 Million Shares as of October 30

36Kr learned from an announcement by Yangfan New Materials that the company's board approved a share buyback plan on August 6, 2026. The company plans to use RMB 30 million to RMB 60 million of its own or self-raised funds to repurchase shares through centralized bidding at a price not exceeding RMB 12 per share, for use in equity incentives or employee stock ownership plans. The buyback period is 12 months from the date the board approved the plan. As of October 30, 2026, the company had cumulatively repurchased 1.7577 million shares, accounting for 0.75% of total share capital, with a highest transaction price of RMB 10.65 per share, a lowest of RMB 8.59 per share, and a total transaction amount of RMB 16.721 million (excluding transaction fees). The company will continue to advance the buyback plan within the repurchase period.