On July 19, JAC Motors made an announcement stating its intention to utilize its proprietary funds to buy back company shares via centralized bidding transactions. These repurchased shares are earmarked for complete cancellation, a move aimed at reducing the company's registered capital. The total amount allocated for the repurchase is projected to range between RMB50 million and RMB100 million, with the repurchase price capped at RMB64 per share. The precise quantity and proportion of shares to be repurchased will hinge on the actual repurchase scenario. The repurchase period is set to conclude no later than three months from the date of approval of the repurchase plan at the first extraordinary general meeting of shareholders in 2026. As of July 17, 2026, JAC Motors had successfully repurchased a cumulative total of 1.5467 million shares, constituting 0.07% of the total share capital. The repurchase price fluctuated between RMB21.4 and RMB23.37 per share, culminating in a cumulative expenditure of RMB34.9948 million (transaction fees excluded).
