$ZKH Group Limited ($ZKH) Board Approves New $50M Buyback Plan

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ZKH Group Limited’s board has approved a new share repurchase program.

The company may buy back up to US$50 million worth of shares.

These repurchases could occur periodically on the open market.

Chairman and CEO Eric Long Chen emphasized that this move reflects confidence in ZKH’s intrinsic value and long-term growth potential.