威海广泰空港设备股份有限公司 关于回购股份事项前十名股东和前十名 无限售条件股东持股情况的公告

Summary of Key Points Core Viewpoint - The company, Weihai Guangtai Airport Equipment Co., Ltd., has announced a share repurchase plan aimed at enhancing investor confidence and aligning the company's stock price with its intrinsic value, while also implementing an employee stock ownership plan or equity incentive plan [2][8]. Group 1: Share Repurchase Plan Details - The repurchased shares will be domestic listed RMB ordinary shares (A-shares) [10]. - The purpose of the repurchase is to implement an equity incentive plan or employee stock ownership plan, with unallocated shares to be canceled if not used within 36 months [3][11]. - The repurchase price will not exceed RMB 15 per share, which is 150% of the average trading price over the previous 30 trading days [3][9]. - The total amount for the repurchase will not exceed RMB 60 million and will be at least RMB 40 million, with an estimated repurchase quantity of approximately 4 million shares (0.75% of total shares) at the upper limit and 2.67 million shares (0.50% of total shares) at the lower limit [3][12][14]. Group 2: Financial and Operational Considerations - The repurchase will be funded through the company's own funds and a special loan of up to RMB 50 million from China Merchants Bank, with a loan term of no more than three years [4][14]. - The company has sufficient financial resources, with total assets of RMB 6.444 billion and a debt ratio of 51.26%, indicating a strong financial position to support the repurchase [18]. - The board of directors has committed to ensuring that the repurchase will not harm the company's ability to meet its debt obligations or its ongoing operations [19]. Group 3: Governance and Compliance - The repurchase plan was approved by the board of directors during a meeting on April 22, 2025, and does not require shareholder approval [23]. - The company will disclose the progress of the repurchase regularly, including any significant changes in shareholding structure [26][27]. - The management is authorized to make decisions regarding the timing, price, and quantity of shares to be repurchased within the established framework [25].