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Zhengzhou Coal Mining Machinery Group plans to buy back A-share stocks worth between 0.5 billion and 0.6 billion yuan.
Zhengzhou Coal Mining Machinery Group (00564) announced that the Board of Directors agreed to use its own funds and self-raised funds to repurchase a portion of the company's issued ordinary shares (A shares) through the centralized bidding trading method on the Shanghai Securities Exchange trading system, and at a suitable time in the future, the repurchased shares will be used for the company's Stock-based Incentive or employee stock ownership plan. The total amount of funds for this share repurchase will not be less than 0.5 billion yuan (inclusive) and not exceed 0.6 billion yuan (inclusive). The repurchase price for the shares will not exceed 17.00 yuan/share, and the period for this share repurchase will commence from the date when this repurchase plan is approved by the Board of Directors.
Zhengzhou Coal Mining Machinery Group (601717.SH): plans to buy back shares worth 0.5 billion yuan to -0.6 billion yuan.
Gelonghui reported on March 12 that Zhengzhou Coal Mining Machinery Group (601717.SH) announced a plan to repurchase shares amounting to no less than 500 million yuan and no more than 600 million yuan, with a repurchase price not exceeding 17 yuan per share, to be used for Stock-based Incentive or employee stock ownership plans.
【Brokerage Focus】Donghai Securities: "Embodied Intelligence + Coal" propels coal mining into the era of automation and intelligence.
Jinwu Finance | Donghai Securities stated that policies are promoting the application of embodied Asia Vets technology in coal mining. The harsh working environment in coal enterprises underground makes it difficult to attract young people, leading to increasing recruitment challenges; as people's living standards continue to rise, the wage demands of workers are also increasing; coupled with the increased investment in coal safety production, the labor costs for coal enterprises are continually rising, prompting coal companies to increase investment in intelligent unmanned equipment to reduce labor dependency, which provides market demand for coal mining Siasun Robot&Automation. The firm pointed out that the layout in coal mining scenarios is fixed, with underground tunnels, transportation tracks, and equipment locations being relatively stable, facilitating navigation and routing for robots.
Zhengzhou Coal Mining Machinery Group (601717.SH): A subsidiary company has accessed the DeepSeek large model.
On March 6, Glonghui reported that Zhengzhou Coal Mining Machinery Group (601717.SH) stated on the interactive platform that the company’s Machinery sector has been committed to the intelligent development of coal mining machinery. Through technological innovation, it promotes the intelligent running of coal mines. The independently developed intelligent Control System for coal mine comprehensive mining faces is market-leading, and the technology for intelligent working faces is quickly promoted in coal mines. The company’s subsidiary has successfully integrated with the DeepSeek large model, achieving deep integration with coal mine pressure monitoring systems, full mine control platforms, comprehensive mining control platforms, AI video analysis, Digital Twin systems, Industrial Internet, and comprehensive disaster prevention and control systems in the smart mining field.
Zhengzhou Coal Mining Machinery Group (601717.SH): has collaborated with Huawei in coal mine intelligence and Auto Parts.
Gelonghui, March 6th丨Zhengzhou Coal Mining Machinery Group (601717.SH) stated on the interactive platform that the company has established cooperation with Huawei in the fields of coal mine intelligence and Auto Parts.
Zhengzhou Coal Mining Machinery Group Company Limited's (SHSE:601717) Biggest Owners Are Individual Investors Who Got Richer After Stock Soared 4.4% Last Week