Core Viewpoint - The company has completed a share buyback and cancellation process, which is expected to enhance shareholder value and improve earnings per share without significantly impacting its operations or financial status [1][5][6]. Group 1: Share Buyback Plan and Implementation - The company approved a share buyback plan on February 29, 2024, with a total fund allocation between RMB 100 million and RMB 200 million, and a maximum buyback price of RMB 25.00 per share [1]. - The buyback was executed from March 26, 2024, to March 14, 2025, achieving the lower limit of the planned buyback fund without exceeding the upper limit [4]. - The total number of shares repurchased was 6,640,267, with 4,355,267 shares canceled, representing 2.53% of the total share capital before cancellation [1][5]. Group 2: Adjustments to Buyback Terms - On April 29, 2024, the company announced an adjustment to the maximum buyback price from RMB 24.75 to RMB 35.00 per share, effective from December 26, 2024 [2]. - The funding source for the buyback was changed from "own funds" to include "own funds and self-raised funds" to enhance capital efficiency [2]. Group 3: Impact of Share Cancellation - Following the cancellation of shares, the total share capital decreased from 172,177,634 shares to 167,822,367 shares, with a change in the structure of restricted and unrestricted shares [5]. - The cancellation is expected to improve earnings per share and enhance investor confidence without affecting the company's operational capabilities or control [5][6]. Group 4: Future Arrangements - The company will proceed with necessary legal and regulatory changes following the share cancellation, including updating the registered capital and amending the company’s articles of association [6].
运机集团: 关于回购股份注销完成暨股份变动的公告