Mankalong Plans to Spend 20 Million to 40 Million Yuan on Share Buyback

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Mankalong announced plans to use its own funds and self-raised capital to repurchase A-shares through centralized bidding. The total buyback amount will be no less than 20 million yuan and no more than 40 million yuan, with a maximum price of 17.8 yuan per share. The company expects to repurchase between 1.12 million and 2.25 million shares, accounting for approximately 0.43% to 0.86% of its total share capital. The buyback period will not exceed 12 months from the date the board approves the plan, and all repurchased shares will be used for equity incentives or employee stock ownership plans. In the first quarter of 2026, Mankalong achieved revenue of 605 million yuan and net profit attributable to shareholders of 57.13 million yuan.

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MCLON JEWELLERY Co.Ltd.
300945
▲ PositiveCapitalrelevance

Company announces share buyback plan of 20-40 million yuan, signaling confidence and supporting share price.