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Saite New Materials (688398.SH): Repurchased 197,200 shares of the company's stock for the first time
Gelonghui, July 6 | Setech New Materials (SHA: 688398) announced that on July 6, 2026, the company repurchased 197,200 of its shares for the first time through the centralized bidding trading system of the Shanghai Stock Exchange. The repurchased shares account for 0.12% of the company's total share capital. The highest transaction price was RMB 24.82 per share and the lowest was RMB 24.43 per share, with a total payment of RMB 4.8441 million (excluding stamp duty, brokerage commissions, and other transaction fees).
Saite New Materials (688398.SH): Has not yet implemented the current share repurchase.
Gelonghui, July 2 — Setech New Materials (688398.SH) announced that as of June 30, 2026, the company has not yet implemented the share repurchase program.
A-Share Market Movement | Saite New Materials (688398.SH) Rises Over 7% in Early Trading as Company Unveils 'One Core, Two Wings' Development Strategy; Core VIP Panel Business Set to Benefit Significantly from New National Energy Efficiency Standards for
Zhitong Finance APP reported that Saite New Materials (688398.SH) rose more than 7% in early trading. As of the time of writing, the stock was up 5.03% at RMB 26.71, with a trading volume of RMB 101 million.
Investor Conference Transcript | Saite New Materials (688398.SH): Benefiting from New Refrigerator Regulations, 'One Core with Two Wings' Strategy to Drive Future Growth
On June 16, Saite New Materials held a briefing to explain its 'One Core, Two Wings' development strategy.
Saite New Materials (688398.SH) plans to repurchase company shares worth between RMB 50 million and RMB 100 million.
Saite New Materials (688398.SH) announced that the company intends to repurchase its shares through centralized bidding transactions using its own funds and/or self-raised funds, for use in employee stock ownership plans or equity incentive schemes. The total amount allocated for the repurchase will be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). The repurchase price per share will not exceed RMB 47 (inclusive).
Express News | Saite New Materials plunged nearly 17%, facing heavy institutional selling; the company responds