HAIER SMART HOME(600690) 证券之星·2025-04-02 13:31Core Viewpoint - Haier Smart Home Co., Ltd. has announced a share repurchase plan for part of its A-shares, with a total repurchase amount not exceeding RMB 2 billion and not less than RMB 1 billion, aimed at implementing an employee stock ownership plan [2][3][4] Summary by Sections 1. Repurchase Plan Approval and Implementation - The board of directors approved the share repurchase plan on March 27, 2025, and the announcement was disclosed on March 28, 2025 [2][3] - The repurchase will be conducted within a 12-month period from the board's approval date [4][5] 2. Main Content of the Repurchase Plan - The repurchase amount is set between RMB 1 billion and RMB 2 billion, with a maximum repurchase price of RMB 40 per share [2][3] - The estimated number of shares to be repurchased is up to 50 million shares, based on the maximum repurchase amount and price [3][4] - The repurchased shares will be used for the employee stock ownership plan, and any unused shares after 36 months will be canceled [4][9] 3. Funding Sources - The funding for the repurchase will come from the company's own funds and/or self-raised funds, including special loans for stock repurchase [3][5] 4. Impact on Share Structure - The repurchase is expected to reduce the proportion of circulating shares, with the maximum repurchase potentially affecting the total share capital by approximately 0.53% [6][7] - The repurchase will not change the company's control and will maintain its listing status [7][9] 5. Risk Factors - The plan may face risks such as the stock price exceeding the repurchase price limit, which could hinder or partially implement the repurchase [10][11] - The company will adjust the repurchase terms according to regulatory changes during the implementation period [11] 6. Disclosure and Compliance - The company will fulfill its information disclosure obligations regarding the progress of the repurchase in accordance with relevant laws and regulations [12]