Wangsu Science Tech

Companies listed on the Shenzhen Stock Exchange have recently been disclosing progress on buybacks and share purchases at a rapid pace. Since July, a total of 478 announcements on buybacks and share purchases have been made, with 147 new plans added. The combined upper limit for planned share purchases and buybacks has reached 69.306 billion yuan. Sanhuan Group completed an 895 million yuan buyback on July 30 and immediately launched a new buyback plan worth between 500 million and 1 billion yuan. Wangsu Science and Technology plans to spend 300 million to 600 million yuan on share buybacks and cancel all repurchased shares. Sanhua Intelligent Controls completed its first buyback of nearly 100 million yuan. Qu Jianguo, the actual controller of Canature Health, proposed spending 25 million to 50 million yuan on buybacks. Sieyuan Information launched a buyback plan of 30 million to 60 million yuan. Five senior executives, including Hou Zhenfu, chairman of Guangzhi Technology, plan to increase their shareholdings by a combined upper limit of 22 million yuan. Xinghui New Materials has cumulatively repurchased 2.1367 million shares, with a transaction value of approximately 80.6584 million yuan. Industry insiders say the intensive buybacks and share purchases are both a rational response to valuation levels and are expected to further bolster investor confidence.

Wangsu Science & Technology announced that the company plans to use its own or self-raised funds to repurchase shares through centralized bidding, with a total amount of no less than 300 million yuan and no more than 600 million yuan, at a repurchase price not exceeding 21.17 yuan per share. The repurchased shares will all be used for cancellation and to reduce registered capital, with the implementation period within 12 months from the date of approval by the shareholders' meeting.

On the evening of July 30, multiple listed companies on the Shanghai and Shenzhen exchanges released announcements. Chifeng Gold disclosed an updated resource estimate for the SND project at the Sepon gold-copper mine in Laos, with gold equivalent metal content increasing from 107 tonnes to 260 tonnes, a rise of approximately 143 percent. Ronbay Technology plans to invest about 4.723 billion yuan to build an integrated project in Xiantao with an annual capacity of 300,000 tonnes of sodium-ion battery cathode materials, to be advanced in three phases. Tianwei Electronics intends to acquire a 60 percent controlling stake in Xiuwei Technology for 90 million yuan, extending into the high-end equipment sector of military information technology. Hairong Technology plans to acquire a 55 percent stake in Tanghe Food for 130 million yuan and has signed a long-term strategic cooperation agreement with Hema, stipulating an annual procurement amount of no less than 210 million yuan. In terms of performance, Nuode New Materials turned losses into profits in the first half of the year, with a net profit of 103 million yuan. Yasen Integrated achieved a 204.8 percent year-on-year increase in net profit and plans to distribute 16.5 yuan per 10 shares. Eastroc Beverage reported a 20.72 percent rise in net profit and plans to distribute 30 yuan per 10 shares. Additionally, several companies disclosed buyback and shareholding increase plans. The controlling shareholder of East Sunshine plans to increase shareholdings by 300 million to 600 million yuan and proposes a buyback of the same amount. Wangsu Science and Technology plans a buyback of 300 million to 600 million yuan for cancellation.

On the evening of July 30, several listed companies disclosed important announcements. Dongpeng Beverage released its semi-annual report, with operating revenue reaching 12.443 billion yuan in the first half of 2026, up 15.89% year-on-year, and net profit attributable to shareholders of the listed company of 2.867 billion yuan, up 20.72% year-on-year. It also plans to distribute a cash dividend of 30 yuan for every 10 shares to all shareholders. The controlling shareholder of Dongyangguang proposed that the company repurchase shares with 300 million to 600 million yuan, while the controlling shareholder itself plans to increase its holdings by no less than 300 million yuan. Jahwa United announced that the tender offer results from Hangzhou Pinpianyi have been confirmed, and the company's shares will resume trading from July 31. In addition, Sanhuan Group, Wangsu Science & Technology, TGOOD, and other companies disclosed buyback plans, with buyback amounts ranging from tens of millions to 1 billion yuan. Huashu High-Tech expects first-half net profit to increase by about 87% year-on-year, while Yaxiang Integrated's net profit increased by 204.80%. Youyan New Materials plans to invest 486 million yuan to build the second-phase expansion project for high-purity sputtering targets for integrated circuits, and Rongbai Technology plans to invest about 4.723 billion yuan to build an integrated project in Xiantao with an annual output of 300,000 tons of sodium-ion battery cathode materials.

On July 30, three A-share companies—Dongyangguang, Wangsu Technology, and Sanhuan Group—disclosed large buyback or share increase plans. Dongyangguang's controlling shareholder, Shenzhen Dongyangguang Industrial, proposed that the company repurchase shares using its own or self-raised funds, with a repurchase amount of no less than 300 million yuan and no more than 600 million yuan, and a repurchase price not exceeding 150% of the average trading price of the company's shares over the 30 trading days prior to the board's approval of the buyback resolution. At the same time, Shenzhen Dongyangguang Industrial plans to increase its shareholding in the company within six months starting from July 31, with the increase amount also no less than 300 million yuan and no more than 600 million yuan. Wangsu Technology intends to repurchase shares using its own or self-raised funds, with a total amount of no less than 300 million yuan and no more than 600 million yuan, and a repurchase price not exceeding 21.17 yuan per share. The repurchased shares will all be cancelled to reduce registered capital. Sanhuan Group previously held the 22nd meeting of its 11th board of directors on July 20, 2026, and approved a buyback plan with a total repurchase amount of no less than 450 million yuan and no more than 900 million yuan. As of the disclosure date, the plan has been fully implemented. The company has cumulatively repurchased 8,547,300 A-shares, accounting for 0.43% of the current total share capital, with a total transaction amount of 895 million yuan.