Hopewind(SH:603063) Shang Hai Zheng Quan Bao·2025-04-15 04:02Core Viewpoint - Shenzhen Hewei Electric Co., Ltd. plans to hold its 2024 annual shareholders' meeting on April 21, 2025, utilizing both on-site and online voting methods to enhance participation among small and medium investors [1][2]. Group 1: Shareholders' Meeting Announcement - The company will conduct the 2024 annual shareholders' meeting on April 21, 2025, at 14:00 [1]. - The meeting will feature a combination of on-site and online voting to facilitate investor participation [1][2]. - The company has engaged Shanghai Stock Exchange Information Network Co., Ltd. to provide reminder services for shareholders regarding the meeting [2]. Group 2: Share Buyback Plan - The company’s board approved a share buyback plan on April 11, 2025, which does not require shareholder approval [3][6]. - The buyback will utilize self-owned funds, with a total amount between RMB 10 million and RMB 20 million [4][12]. - The maximum buyback price is set at RMB 46.31 per share, not exceeding 150% of the average stock price over the previous 30 trading days [4][12]. Group 3: Buyback Implementation Details - The buyback period will last up to 12 months from the board's approval date [10]. - The shares repurchased will be used for employee stock ownership plans or equity incentive plans [4][15]. - The company will monitor market conditions to determine the timing and execution of the buyback [10][15]. Group 4: Shareholder Structure and Financial Impact - The buyback is expected to have a minimal impact on the company's financial stability, with the total buyback amount representing approximately 0.25% of total assets and 0.46% of net assets as of December 31, 2024 [14][15]. - The company will ensure that the buyback does not affect its operational capabilities or debt repayment abilities [19]. Group 5: Compliance and Governance - The buyback plan was proposed by the company's actual controller and chairman, reflecting confidence in the company's future [17]. - The board has authorized management to handle all necessary procedures related to the buyback, ensuring compliance with relevant laws and regulations [20][21].