CNNP(SH:601985) Quan Jing Wang·2025-04-30 00:51Core Viewpoint - China National Nuclear Corporation (CNNC) has approved a share repurchase plan, with a maximum limit of 500 million yuan and a minimum of 300 million yuan, aimed at stock incentive programs [1][2] Group 1: Policy Context - Recent regulatory policies have been introduced to promote stable development in the capital market, including a notification in October last year that established a stock repurchase and increase loan program to support listed companies [1] - The implementation plan for promoting medium- and long-term capital market entry this year encourages listed companies to increase share repurchase efforts and utilize repurchase and increase loan tools [1] Group 2: Company Strategy - As a leading enterprise in the nuclear power sector, CNNC has developed a feasible share repurchase plan based on confidence in its core competitiveness and strategic assessment of future development [1] - The share repurchase reflects CNNC's commitment to supporting the stability of the A-share market and protecting the interests of all shareholders [1] Group 3: Impact on Stakeholders - The unanimous approval of the repurchase plan by CNNC's board sends a strong signal of the company's recognition of its value [2] - The repurchase is seen as a powerful measure to optimize the capital structure, improve decision-making efficiency, and enhance corporate governance [2] - For minority shareholders, the repurchase signifies tangible benefits and stabilizes investor sentiment, helping the stock price return to a reasonable value range [2] Group 4: Future Outlook - CNNC emphasizes an "investor-centric" philosophy and is committed to enhancing shareholder rights [2] - The company plans to use the repurchase as an opportunity to continuously optimize its governance structure, deepen internal reforms, and improve operational efficiency [2] - The goal is to strengthen value management practices and create greater returns for shareholders, achieving mutual growth for the company and its investors [2]