若羽臣: 关于变更回购股份用途并注销的公告

Core Viewpoint - The company has decided to change the purpose of its share repurchase program from employee stock ownership plans to cancellation of shares, aiming to enhance investor confidence and long-term investment value [1][7]. Share Repurchase Approval and Implementation - The company approved the third phase of its share repurchase plan on April 17, 2024, with a maximum repurchase price of 23.99 CNY per share, later adjusted to 17.25 CNY due to equity distribution [1]. - As of December 2, 2024, the company repurchased 2,830,780 shares, accounting for 1.73% of the total share capital, with a total transaction amount of approximately 36.99 million CNY [2]. - The fourth phase of the share repurchase plan was approved on December 2, 2024, with details disclosed on December 6, 2024 [2]. Financial Details of Share Repurchase - The company allocated between 30 million CNY and 60 million CNY for the third phase of repurchase, with a maximum price of 27.10 CNY per share [3]. - By January 13, 2025, the company had repurchased 2,264,020 shares, representing 1.38% of total share capital, with a total amount of approximately 59.99 million CNY [3]. - The first phase of the 2025 share repurchase plan was approved on February 19, 2025, with further details disclosed on March 1, 2025 [4][5]. Change in Share Repurchase Purpose - The company plans to change the purpose of the repurchased shares from employee stock ownership plans to cancellation, which will reduce registered capital and total share capital by 5,094,800 shares [7]. - This decision is based on the company's confidence in its future prospects and aims to enhance shareholder returns without adversely affecting financial status [7]. Procedures for Change in Share Repurchase Purpose - The change in the purpose of the share repurchase and cancellation requires approval from the shareholders' meeting, and the board will seek authorization for necessary procedures [7].