Guangdong Mingzhu Group Co Ltd

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 announced that the company plans to use its own funds or self-raised funds to repurchase shares through centralized competitive trading. The buyback amount will be no less than 100 million yuan and no more than 150 million yuan, with a repurchase price not exceeding 10 yuan per share. The buyback period will be no more than 12 months from the date of approval by the board of directors. The repurchased shares will be used for employee stock ownership plans or equity incentives. Based on the upper limit of the repurchase price, the lower limit of the buyback amount of 100 million yuan corresponds to an estimated repurchase of 10 million shares, accounting for 1.44% of the company's total share capital. The upper limit of 150 million yuan corresponds to an estimated repurchase of 15 million shares, accounting for 2.16% of the total share capital. The company stated that this move is based on confidence in future development, aiming to enhance investor confidence, safeguard shareholder interests, and improve long-term incentive mechanisms.

On the evening of July 21, multiple listed companies on the Shanghai and Shenzhen exchanges disclosed announcements including semi-annual earnings forecasts, buyback and share increase plans, and major contracts. Yuanjie Technology expects first-half net profit to rise by 1,196.91% to 1,304.98% year-on-year. Zhongyi Technology forecasts an increase of 879.55% to 1,075.46%. Feinan Resources projects growth of 245.36% to 314.43%. Jin Yang Precision anticipates a rise of 138.8% to 180.33%. Yaokang Bio expects an increase of 46.67% to 60.78%. Tengjing Technology forecasts growth of 31.19% to 42.12%. Guangqi Technology, however, expects a decline of 5.64% to 24.3%. Leshan Electric Power's net profit fell 12.9% year-on-year. Mingxing Electric Power dropped 27.91%. CloudWalk Technology narrowed its loss by 62.3% to 69.84% year-on-year. In terms of buybacks, Sungrow Power's chairman proposed a buyback of 500 million to 1 billion yuan. Putailai plans to buy back 200 million to 300 million yuan. Jiuli Special Materials intends to repurchase 200 million to 400 million yuan. Xinghui Environmental Materials and Gao Neng Environment both plan buybacks of 100 million to 200 million yuan. Guangdong Mingzhu's chairman proposed a buyback of 100 million to 150 million yuan. Weichai Power's controlling shareholder plans to increase its A-share holdings by 200 million to 400 million yuan. Hunan Haili's controlling shareholder intends to increase holdings by 85 million to 170 million yuan. Among major contracts, Tianshun Wind Energy signed a crude oil tanker construction contract worth approximately 1.874 billion yuan. Pinggao Electric won bids totaling about 1.818 billion yuan for State Grid procurement projects. A subsidiary of Kanghui Corporation signed a computing power service contract with an estimated total value of 415 million to 679 million yuan. Additionally, GigaDevice plans to use 500 million yuan of raised funds to increase capital in Zhuhai Xincun for a DRAM project. JinkoSolar changed the use of 29.7213 million repurchased shares and will cancel them. Wuzhou Medical intends to acquire 100% equity in Xuanzhi Technology to enter the motor control chip sector. ST Dongjing will have its delisting risk warning removed starting July 23.