（文章来源：证券日报） 证券日报网讯四川美丰11月13日在互动平台回答投资者提问时表示，投资者涉及机构调研情况请关注互 动易平台"调研活动"栏目。 ...

证券日报网讯四川美丰11月13日在互动平台回答投资者提问时表示，根据监管要求，公司在与投资者交 流中不得涉及未公开披露信息。 （文章来源：证券日报） ...

证券日报网讯 四川美丰（000731）11月11日在互动平台回答投资者提问时表示，公司通过搭建畅通的 投资者沟通渠道，认真听取投资者有价值的意见建议，结合公司实际做好研究论证，以持续改进工作、 提升服务水平。 ...

Core Viewpoint - Sichuan Meifeng announced an investment in a gas recovery project, highlighting its commitment to expanding its energy sector operations and leveraging its experience in natural gas production [1] Investment Details - The project involves an investment of approximately 90 million yuan (about 12.5 million USD) [1] - It aims to construct a gas recovery facility with a processing capacity of 300,000 cubic meters per day [1] - The total construction period for the project is estimated to be around 12 months [1] Strategic Implications - The investment is expected to enhance the company's operational capabilities in the natural gas sector [1] - It is seen as a significant step in promoting the company's energy business expansion and future development [1]

Group 1 - The core viewpoint is that optimizing industrial structure and enhancing the market competitiveness of main products is an effective path for the company to overcome risks and challenges brought by market fluctuations, thereby promoting high-quality development [2]

Core Viewpoint - Sichuan Meifeng (000731) emphasizes the importance of market value management and commits to timely announcements regarding related matters in the future [1] Group 1 - The company is actively engaging with investors through interactive platforms [1] - Sichuan Meifeng acknowledges the significance of managing its market value [1] - Future announcements will be made if relevant matters arise [1]

Summary of Key Points Core Viewpoint - On November 8, a total of 10 companies announced 11 stock repurchase updates, indicating a significant activity in stock buybacks within the market [1] Group 1: Stock Repurchase Announcements - One company disclosed a stock repurchase plan for the first time, with Jinlang Technology planning to repurchase up to 3.0936 million yuan [1] - One company, Yunji Group, had its stock repurchase plan approved by the shareholders' meeting, with a maximum repurchase amount of 374,100 yuan [1] Group 2: Completed Stock Repurchases - Eight companies have completed their stock repurchase plans, with four companies repurchasing amounts exceeding 10 million yuan [1] - Ruikang Pharmaceutical, Lakala, and Sichuan Meifeng reported the highest completed repurchase amounts, at 101 million yuan, 87.5722 million yuan, and 70 million yuan respectively [1]

Core Viewpoint - Sichuan Meifeng Chemical Co., Ltd. has completed the repurchase and cancellation of shares, resulting in a reduction of its total share capital and an increase in the controlling shareholder's stake due to the share cancellation [2][10]. Summary by Sections Share Repurchase and Cancellation - A total of 10,003,231 shares were repurchased, accounting for 1.79% of the company's total share capital before the cancellation, reducing the total share capital from 558,829,131 shares to 548,825,900 shares [2][6]. - The repurchase was approved on May 8, 2025, and the shareholders' meeting on May 23, 2025, authorized the use of self-owned funds for the repurchase, with a total fund amount between RMB 50 million and RMB 70 million, and a maximum repurchase price of RMB 10.07 per share [2][12]. - The actual repurchase occurred from June 18, 2025, to October 30, 2025, with a total expenditure of RMB 69,999,963.17, at a maximum price of RMB 7.38 and a minimum price of RMB 6.72 per share [5][12]. Impact on Share Capital Structure - Following the cancellation of the repurchased shares, the company's total share capital decreased to 548,825,900 shares, which is compliant with relevant laws and regulations [6][12]. - The cancellation is expected to enhance earnings per share and improve shareholder returns without adversely affecting the company's financial status or operational results [6]. Changes in Controlling Shareholder's Stake - The cancellation of shares led to a passive increase in the controlling shareholder Chengdu Huachuan's stake from 12.89% to 13.13%, reaching a 1% integer multiple [10][13]. - This change does not involve any active increase or decrease in shareholding by the shareholders and will not affect the company's governance structure or ongoing operations [10].

Core Viewpoint - Sichuan Meifeng announced that the recent equity change is due to the cancellation of repurchased shares, which does not involve any increase or decrease in shareholder holdings and does not trigger a mandatory bid [2] Group 1 - The controlling shareholder, Chengdu Huachuan Petroleum and Natural Gas Exploration and Development Co., Ltd., saw its shareholding increase from 12.89% to 13.13%, reaching a 1% integer threshold [2] - This equity change will not lead to any changes in the company's controlling shareholder or actual controller, nor will it affect the company's governance structure and ongoing operations [2]

Core Viewpoint - Sichuan Meifeng announced the completion of a share repurchase and cancellation, reducing its total share capital by 1.79% [1] Summary by Sections - **Share Repurchase Details** - The company repurchased and canceled a total of 10,003,231 shares [1] - This represents 1.79% of the company's total share capital prior to the repurchase [1] - **Post-Transaction Share Capital** - Following the cancellation, the company's total share capital decreased from 558,829,131 shares to 548,825,900 shares [1] - **Regulatory Confirmation** - The share cancellation was confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation [1] - The completion of the share repurchase was officially processed on November 6, 2025 [1]