Kunming Yunnei Power Co Ltd Announces Share Buyback and Capital Reduction
Kunming Yunnei Power Co., Ltd., a prominent Chinese industrial engine manufacturer based in Kunming, has announced plans to buy back and cancel a portion of its restricted shares. This decision was made during a meeting held on April 28, 2025. The company, listed on the Shenzhen Stock Exchange under the ticker SZ000903, is known for producing a variety of engines, including diesel and combustion engines, and markets its products globally across Europe, South America, Africa, and Southeast Asia.
The buyback involves the cancellation of 1,480,780 restricted shares, which will result in a corresponding reduction in the company’s registered capital. This move is linked to the expiration of a stock incentive plan initiated in 2022, which initially granted these restricted shares as part of an employee incentive program.
As of May 19, 2025, Kunming Yunnei Power’s share price closed at 3.8 CNY, with a 52-week high of 5.4 CNY on December 8, 2024, and a low of 1.63 CNY on July 24, 2024. The company’s market capitalization stands at approximately 6.71 billion CNY.
In addition to the buyback announcement, Kunming Yunnei Power has updated its company charter as of May 2025 and issued a public notice regarding the reduction in registered capital and notification to creditors. These documents are available for public access through the provided links.
For more detailed information on the company’s operations and offerings, interested parties can visit their official website at www.yunneidongli.com .