CJS(600176) 上海证券报·2025-04-01 18:12Core Viewpoint - The announcement details the completion of a share buyback plan by a major shareholder, Zhenshi Group, which has increased its stake in China Jushi Co., Ltd, reflecting confidence in the company's future growth and value [2][8]. Group 1: Buyback Plan Details - Zhenshi Group planned to increase its shareholding from November 23, 2024, for a period of 12 months, with a total investment of no less than RMB 500 million and no more than RMB 1 billion [2][7]. - As of March 31, 2025, Zhenshi Group had acquired a total of 51,601,132 shares, representing 1.2890% of the company's total share capital, with a total investment amounting to RMB 600.0596 million [2][8]. Group 2: Shareholding Changes - Following the buyback, Zhenshi Group's shareholding increased from 624,225,514 shares (15.5934% of total shares) to 675,826,646 shares (16.8824% of total shares) [3][5]. - Including its concerted actions, Zhenshi Group and its affiliates increased their holdings from 637,694,434 shares (15.9299%) to 689,295,566 shares (17.2189%) [3][5]. Group 3: Compliance and Governance - The buyback plan complies with relevant regulations and does not trigger a mandatory takeover, nor does it affect the company's governance structure or ongoing operations [8]. - Zhenshi Group did not reduce its shareholding during the buyback period or within the statutory timeframe [8].