Several major state-owned enterprises listed on the stock exchange have recently announced a series of positive measures, including share buybacks, dividend payouts, and stake increases by controlling shareholders, aiming to bolster market confidence.
SDIC Power Holdings Co., Ltd. announced that its controlling shareholder, State Development & Investment Corp., Ltd. (SDIC), plans to increase its stake in the company over the next six months. The planned investment totals 150 million yuan, to be executed through block trades on the Shanghai Stock Exchange, with funds coming from SDIC's own and self-raised capital.
China Coal Energy Company Limited disclosed on the Shanghai exchange that its controlling shareholder, China National Coal Group Corp., Ltd., intends to increase its holdings of the company's A-shares over the coming 12 months. The move, driven by confidence in the company's value and future prospects, aims to enhance investor confidence and stabilize the share price. The total investment is projected to be between 50 million and 100 million yuan, with the increased stake not exceeding 2% of the company's total shares.
NARI Technology Co., Ltd. announced it received a proposal from its Chairman, Zheng Zongqiang, on July 19, 2026, suggesting the company repurchase its own shares. The proposed buyback amount ranges from 500 million to 1 billion yuan, subject to approval by the board of directors or shareholders' meeting. The funds for the repurchase will come from the company's internal resources.
China Shenhua Energy Company Limited announced that, in accordance with an agreement with its controlling shareholder, China Energy Investment Corporation, to avoid competition, both parties will continue to advance the injection of high-quality assets into Shenhua to support its long-term development. Furthermore, in 2026, the company will maintain its cash dividend frequency and continue with interim dividend distributions to provide stable returns to shareholders.
Comments