Wangfujing announced plans to repurchase its A-shares through centralized competitive bidding, with a total amount of no less than 50 million yuan and no more than 100 million yuan. The buyback price will not exceed 15.60 yuan per share, funded by the company's own capital. All repurchased shares will be cancelled to reduce registered capital. The plan has been approved at the first extraordinary general meeting of 2026, with a buyback period of 12 months from the approval date. The company's controlling shareholder, directors, and senior management have no plans to reduce their holdings in the next three or six months.
WangfujingCompany announces share buyback for cancellation, reducing share count and signaling confidence.