① The company hit a record low in intraday prices on February 2. 896,700 shares were repurchased on the same day, totaling RMB 2,124,20 (excluding transaction fees), accounting for nearly 38% of the repurchase amount. ② Since this year, more than 60 science and technology innovation board companies have disclosed repurchase plans/proposed repurchase announcements. Among them, if you use the maximum repurchase amount theory, Sany Heavy Energy (after adjustment) is tied for the highest share.
“Science and Technology Innovation Board Daily”, Feb. 4 — On February 4, Sany Energy announced that the company received a proposal from Chairman Zhou Fugui to increase repurchase efforts on the basis of the original repurchase plan announcement and raise the repurchase amount range to 300 million yuan to 500 million yuan. The upper limit of the latest repurchase range is 2.5 times the original plan.
The “original repurchase plan” mentioned here was released in mid-January of this year. At that time, Sany Heavy Energy's repurchase plan amount was 100 million yuan to 200 million yuan, and the repurchase price was no more than 33 yuan.
As of February 2, Sany Heavy Energy had repurchased a total of 2.3 million shares, with the highest repurchase price of 25.77 yuan/share and the lowest price of 22.42 yuan/share, paying a total of 56.21,43 million yuan (not including transaction fees). Of these, the company repurchased 896,700 shares on February 2, making a total payment of 21.242 million yuan (excluding transaction fees), accounting for nearly 38% of the repurchase amount.
Along with the adjustment of the repurchase amount, Sany Energy announced the “Improve Quality, Increase Efficiency, and Focus on Return” plan. Among them, it was revealed that in 2023, the company's new orders and current orders all reached a record high. Currently, the company has plenty of orders in hand, and the projects that have won the bid have all been delivered normally as agreed in the contract.
Sany Energy was listed on June 22, 2022. At the time, the issue price was 29.80 yuan/share. It closed down 1.32% on February 2. The stock price hit a record low on the same day, with a stock price of 24 yuan; even considering dividends, the company's stock price is still in a broken state; the latest market value was 28.9 billion yuan.
According to Tianyan research, the actual controller of Sany Heavy Energy is Liang Wengen, who is also the chairman of Sany Heavy Industries.
Since this year, more than 60 science and technology innovation board companies have disclosed repurchase plans/proposed repurchase announcements. Among these companies, if the maximum repurchase amount is used, Sany Energy (after adjustment) is tied for the highest repurchase amount, and both companies have a repurchase amount range of 300 million yuan to 500 million yuan.
Also, on the same day of February 4, another science and technology innovation board company also raised the proposed repurchase amount: Yahong Pharmaceutical plans to repurchase 50 million yuan to 100 million yuan; according to the company's January 30 announcement, the original planned repurchase amount was 15 million yuan to 30 million yuan.