HAOMEI(SZ:002988) Shang Hai Zheng Quan Bao·2025-04-23 20:03Core Viewpoint - The company has initiated a share buyback program to enhance shareholder value and implement employee incentive plans, with a total budget of between RMB 150 million and RMB 250 million [2]. Group 1: Share Buyback Details - The company approved a share buyback plan during its board meeting on April 10, 2025, and at the annual general meeting on April 21, 2025 [2]. - The buyback will utilize self-owned funds and a special loan for stock repurchase, with at least 70% of the repurchased shares intended for cancellation and reduction of registered capital [2]. - The total amount allocated for the buyback is between RMB 150 million and RMB 250 million, with a maximum repurchase price of RMB 28 per share, and the buyback period is set for 12 months from the approval date [2]. Group 2: First Buyback Execution - On April 23, 2025, the company executed its first buyback, acquiring 468,848 shares, which represents 0.1888% of the total share capital [2]. - The highest transaction price during this buyback was RMB 27.40 per share, while the lowest was RMB 26.70 per share, with a total transaction amount of RMB 12,762,586.64 (excluding transaction fees) [2]. Group 3: Compliance and Future Plans - The buyback process adhered to relevant regulations and guidelines, ensuring that the buyback did not occur during periods that could significantly impact the stock price [3][4]. - The company plans to continue the buyback program based on market conditions and will fulfill its information disclosure obligations as required by law [4].