Core Viewpoint - Jiangsu CITIC Bo New Energy Technology Co., Ltd. has initiated its first share repurchase program, aiming to enhance shareholder value and support its stock price through strategic buybacks [1][2]. Summary by Sections Share Repurchase Plan - The company approved a share repurchase plan on April 15, 2025, allowing for the use of self-owned funds and/or special loans for the buyback [1]. - The repurchase price will not exceed RMB 80 per share, with a total repurchase fund amounting to no less than RMB 70 million and no more than RMB 100 million [1]. First Share Repurchase Details - The first repurchase involved 115,562 shares, representing 0.0529% of the company's total share capital of 218,515,940 shares [2]. - The highest price for the repurchased shares was RMB 48.93 per share, while the lowest was RMB 48.24 per share, with a total expenditure of RMB 5,634,319.77 (excluding transaction fees) [2]. Compliance and Disclosure - The company will adhere to relevant regulations and guidelines during the repurchase process and will disclose progress in a timely manner [2].
中信博: 中信博关于以集中竞价交易方式首次回购公司股份的公告