HMD(002947) 中国证券报-中证网·2025-04-09 22:57Core Viewpoint - Suzhou Hengmingda Electronics Technology Co., Ltd. has decided to increase the total amount of funds for its share repurchase plan, reflecting confidence in the company's future development and value recognition [7][10]. Group 1: Share Repurchase Plan - The company approved a share repurchase plan on April 8, 2025, allowing for the repurchase of shares using its own funds through the Shenzhen Stock Exchange [7][10]. - The initial repurchase fund was set between RMB 30 million and RMB 60 million, which has now been adjusted to a range of RMB 80 million to RMB 160 million [7][10]. - The repurchase price is capped at RMB 57.30 per share, and the duration for the repurchase is set to not exceed 12 months from the board's approval [7][10]. Group 2: Board Meeting Details - The third session of the board's twenty-first meeting was held on April 9, 2025, with all 12 directors present, ensuring compliance with legal and regulatory requirements [3][4][5]. - The board unanimously approved the proposal to increase the share repurchase fund, with a voting result of 12 in favor, 0 against, and 0 abstentions [5]. Group 3: Rationale for Increasing Repurchase Funds - The increase in the repurchase fund is aimed at enhancing investor confidence, stabilizing operations, and motivating the core team, based on the company's operational and financial conditions [10][13]. - The board believes that the increase in repurchase funds will not adversely affect the company's operational capabilities, profitability, or financial health [13].