上海钢联：钢银电商拟回购2000万至4000万股用于股权激励或员工持股计划

Core Viewpoint - Shanghai Steel Union's subsidiary, Steel Silver E-commerce, plans to repurchase shares using its own funds to implement equity incentives or employee stock ownership plans, with a repurchase period of up to 12 months from board approval [1] Group 1: Financial Performance - Steel Silver E-commerce's main business is providing e-commerce services for the steel industry, showing stable growth in business scale since 2021 [1] - The company's revenue figures are as follows: 65.162 billion yuan in 2021, 75.872 billion yuan in 2022, 85.508 billion yuan in 2023, and 43.512 billion yuan in the first half of 2024 [1] - The net profit attributable to shareholders was 324 million yuan in 2021, 273 million yuan in 2022, 320 million yuan in 2023, and 104 million yuan in the first half of 2024 [1] Group 2: Share Repurchase Details - The repurchase price is set at a maximum of 2.5 yuan per share, with the number of shares to be repurchased ranging from 20 million to 40 million, representing 1.92% to 3.84% of the total share capital [2] - The total amount for the repurchase is expected to be no more than 100 million yuan, funded by the company's own resources, with a cash balance of 8.133 billion yuan as of June 2024 [2] - The repurchase will be conducted through a market-making approach, as Steel Silver E-commerce is listed on the New Third Board [2] Group 3: Strategic Implications - The share repurchase is aimed at supporting the company's long-term development, boosting market confidence, and maintaining team stability [2] - It is expected to enhance investor confidence, protect investor interests, reflect the company's reasonable value, and promote sustainable development [2]