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interface news reporter | chen huidong

after the market closed on september 20, includingkweichow moutai（600519.SH）、binhua shares（601678.SH）、beijing cree（002350.SZ）、boying special welding（300468.SZ）、lianwei（605358.SH）、fusai technology（301529.SZ）、putailai（603659.SH）、dow technologyeight a-share listed companies including (300409.sz) disclosed announcements of repurchase or increase in holdings plans.

specifically, six listed companies disclosed repurchase plan announcements. among them, kweichow moutai announced that it plans to repurchase shares for 3 billion to 6 billion yuan to cancel and reduce the company's registered capital. this repurchase plan is the first repurchase since kweichow moutai went public. at the same time, two listed companies disclosed announcements of share purchase plans. among them, putailai announced that chen wei, director and general manager, plans to continue to increase his holdings by 7.5 million to 15 million yuan.

regarding the recent repurchase and increase plans of many a-share listed companies, a securities industry insider told jiemian news reporters, "for the repurchase and increase plans proposed by listed companies and their executives, the amount involved in the repurchase and increase is certainly important. the larger the amount, the greater their sincerity in expecting to stabilize the stock price. however, the business fundamentals, channels and resources of the listed companies themselves are more important. otherwise, the repurchase and increase actions are only a 'symptom treatment'."

regarding kweichow moutai’s first repurchase since its listing, institutions generally believe that this move will boost investor confidence.guolian securitiesthe company's revenue in 2024 is expected to be 173.409 billion yuan, and its net profit attributable to the parent company is expected to be 85.905 billion yuan;founder securitiesthe revenue is expected to be 174.235 billion yuan; the net profit attributable to the parent is expected to be 86.829 billion yuan. huaxin securities research report shows that the feedback from kweichow moutai's mid-autumn festival sales is basically in line with expectations, with the wholesale price of a box/loose bottle at 2500-2510/2380-2390 yuan, and the overall price is relatively stable, and the annual revenue growth target of 15% is highly certain.

wind data shows that the year-on-year growth rates of kweichow moutai's revenue from 2021 to the first half of 2024 were 11.71%, 16.53%, 18.04% and 17.56% respectively; the year-on-year growth rates of net profit attributable to shareholders were 12.34%, 19.55%, 19.16% and 15.88% respectively.

on september 20, binhua co., ltd. issued a repurchase report showing that the company plans to repurchase shares through centralized bidding transactions. the total amount of funds for the repurchase of shares will not be less than 75 million yuan and not more than 150 million yuan. the price will not exceed 5.00 yuan per share. the repurchased shares will be used for employee stock ownership plans.

the same day's announcement showed that binhua shares' senior vice president yang zhenjun violated the company's relevant work discipline and management system, and the board of directors decided to dismiss yang zhenjun from his position. after the dismissal, he will no longer hold any position in the company. in addition, on the evening of august 27, the official website of the shanghai stock exchange showed that many refinancing projects in charge of tianzhi international accounting firm (special general partnership) (hereinafter referred to as "tianzhi international") were suspended, involving companies including binhua shares.

in terms of performance, binhua co., ltd.'s revenue year-on-year growth rates from 2021 to 2023 were 43.53%, -4.06%, -17.84% and 33.02% respectively; the year-on-year growth rates of net profit attributable to shareholders were 220.57%, -27.52%, -67.49% and -29.85% respectively.

beijing ke rui announced that the company intends to repurchase some of the company's shares for the implementation of equity incentive plans or employee stock ownership plans in the future. the total amount of funds for the repurchase of shares through centralized bidding transactions shall not be less than 50 million yuan and not more than 100 million yuan, and the repurchase price shall not exceed 7.26 yuan per share.

beijing ke rui disposed of two of its subsidiaries during the month.

• according to the announcement on september 20, beijing ke rui transferred its 35% equity in hangzhou pingdan to qing muyuan for rmb 8.4221 million, transferred its 6% equity in hangzhou pingdan to qingyi technology for rmb 1.4438 million, and transferred its 10% equity in hangzhou pingdan to chen zhaohua for rmb 2.4063 million. after the completion of this equity transfer, the company will no longer hold the equity in hangzhou pingdan.
• on the same day, beijing core announced that it planned to transfer its 28.3761% stake in hezhong huineng to oukedian technology co., ltd. for rmb 34 million.

in terms of performance, from 2023 to the first half of this year, beijing ke rui's net profit continued to lose money, with losses of 167 million yuan and 12 million yuan respectively. from 2022 to the first half of this year, the company's revenue scale has decreased year-on-year, down 6.71%, 10.28% and 10.11% respectively.

in addition, boying special welding issued an announcement stating that the company intends to use its own funds to repurchase the company's issued rmb common stock (a shares) through centralized bidding transactions to reduce registered capital. the total amount of funds for this repurchase of shares shall not be less than rmb 40 million (inclusive) and not more than rmb 80 million (inclusive). the specific total amount of repurchase funds shall be based on the total amount of funds actually used to repurchase shares.

lianwei announced that the company plans to repurchase shares through centralized bidding transactions. the repurchase amount is 40 million to 50 million yuan. the funds will come from its own funds. the repurchase price will not exceed 29 yuan per share, which will be used for employee stock ownership plans or equity incentives.

fusai technology announced that the company intends to use its own funds to repurchase some of the company's issued rmb common shares (a shares) through centralized bidding transactions for the implementation of employee stock ownership plans or equity incentives. the total amount of funds for this repurchase of shares shall not be less than rmb 30 million (inclusive) and not more than rmb 50 million (inclusive). the repurchase price shall not exceed rmb 38 per share (inclusive).

putailai announced that chen wei, the company's director and general manager, increased his holdings of the company's stock by 755,900 shares on september 20, accounting for 0.0354% of the company's total share capital. chen wei plans to increase his holdings of the company's shares within the next six months starting from september 20, 2024, with the total amount to be increased by no less than 7.5 million yuan and no more than 15 million yuan (including the amount of this increase).

dow technology announced that zhang yi, the company's director and general manager, plans to increase his holdings of the company's shares through centralized bidding transactions on the shenzhen stock exchange within 6 months from september 23, 2024. the amount of this increase is not less than 2.6 million yuan and not more than 5.2 million yuan. there is no fixed price or price range for this increase.