On September 4, ZJ INNOLIGHT rose 3.62% in regular trading, trading at 1043.0 HKD/share, with turnover of HKD 211 million, rebounding from the prior session's decline that had pushed its market capitalization below the one-trillion-yuan mark.

The rebound comes as the company continues to aggressively execute its recently announced share buyback program. On September 3, ZJ INNOLIGHT repurchased 233,100 A-shares at prices ranging from 806.93 to 819.00 yuan per share, spending approximately 190 million yuan. This followed buybacks of 295 million yuan on September 2 and 318 million yuan on September 1 — the first day of execution. The board approved a buyback plan of 4 to 8 billion yuan at prices up to 1,200 yuan per share, with repurchased shares earmarked for equity incentive and employee stock ownership plans.

Separately, institutional positioning remains active. Morgan Stanley raised its long position in ZJ INNOLIGHT H-shares to 6.14% as of August 28. The company reported H1 revenue of 41.778 billion yuan, up 182.49% year-over-year, with net profit surging 241.70% to 13.651 billion yuan.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)