Dajin Heavy Industry Plans H-Share Buyback of Up to 10% of Issued H Shares

36Kr learned from a Dajin Heavy Industry announcement that on November 4, 2026, the company held its 8th meeting of the 6th Board of Directors, at which it approved the proposal on an H-share buyback plan. The plan will take effect only after the proposal on the general mandate for H-share buybacks, which will be submitted to the shareholders' meeting, is approved. The planned number of H shares to be repurchased will not exceed 10% of the total number of H shares issued as of the date the shareholders' meeting approves the general mandate for H-share buybacks. The daily repurchase price will not exceed 5% of the average closing price of H shares over the 5 trading days before the repurchase date. Funding will come from internal funds and/or self-raised funds. Repurchased shares will be cancelled and/or held as treasury stock.