Zhongheng Group announced that the company held separate board of directors and shareholders' meetings on July 6 and July 24, 2026 to review and approve the share repurchase plan. It will use 1-2 billion yuan of its own or self-funded funds to cancel and reduce registered capital. The repurchase price will not exceed 3.04 yuan/share. Based on the lower and upper limits of total capital, repurchases of shares are expected to account for 1.03% and 2.07% of the total share capital, respectively. Due to capital cuts, the company notified creditors that they can request debt settlement or guarantee within 45 days from July 25. The filing period is from July 25 to September 7.

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