浙江正泰电器股份有限公司关于回购股份事项前十大股东和前十大无限售条件股东持股情况的公告

Core Viewpoint - Zhejiang Zhengtai Electric Co., Ltd. plans to repurchase shares through centralized bidding, aiming to enhance investor confidence and implement an employee stock ownership plan [3][8][19] Summary by Relevant Sections Share Repurchase Plan - The total amount for the share repurchase will be no less than RMB 270 million and no more than RMB 540 million [3][15] - The repurchase price will not exceed RMB 35.56 per share [3][14] - The repurchase period will last no more than 12 months from the date of board approval [3][11] Purpose and Use of Repurchased Shares - The repurchased shares will be used for implementing an employee stock ownership plan [4][12] - The company aims to enhance investor confidence, protect shareholder interests, and improve employee cohesion and competitiveness [8][19] Shareholder Information - Major shareholders, including directors and controlling shareholders, have no plans to reduce their holdings in the next six months [5][18] Implementation Process - The proposal for the share repurchase was initiated by the controlling shareholder, Zhengtai Group, on April 8, 2025, and approved by the board on April 15, 2025 [7][19] - The repurchase will be conducted through the Shanghai Stock Exchange trading system [9] Financial Impact - As of September 30, 2024, the company's total assets were approximately RMB 13.49 billion, with net assets of about RMB 4.17 billion [17] - The maximum repurchase amount of RMB 540 million represents approximately 0.40% of total assets, 1.29% of net assets, and 4.79% of cash [17] Regulatory Compliance - The company has opened a dedicated repurchase account with the China Securities Depository and Clearing Corporation [24]