On April 10, 2025, Yunnan Tin Group (Holding) Co., Ltd. (hereinafter referred to as Yunnan Tin Holding) proposed that its publicly listed subsidiary, Yunnan Tin Co., Ltd. (stock code: 000960), implement a share repurchase. The specific plan will be submitted to the shareholders' meeting for review. This move is a proactive response by Yunnan Tin Holding to the call from state-owned assets and securities regulators to maintain the stable operation of the capital market. It signifies a deep recognition of the investment value of its core asset, Yunnan Tin Co., Ltd., and a firm determination to protect shareholders' rights through concrete actions.
In accordance with the above proposal, Yunnan Tin Co., Ltd. promptly took action and disclosed a notice on the same day regarding the shareholders' proposal for the company to implement a share repurchase. This announcement demonstrated Yunnan Tin Co., Ltd.'s active approach to market value management, further boosting investor confidence in the publicly listed firm.
The proposal to implement a share repurchase not only represents a concrete practice by Yunnan Tin Holding in improving and strengthening the market value management of its publicly listed subsidiary but also serves as an important measure to achieve the "3815" strategic development goals of Yunnan Province. It further reflects Yunnan Tin Holding's strategic commitment to embracing the "greatness of the nation," showcasing its firm confidence in the long-term prospects of the Chinese economy and its responsibility to fully support and enhance the confidence of its publicly listed subsidiary in the capital market.
