梦百合家居科技股份有限公司关于以集中竞价交易方式回购股份的回购报告书

Core Viewpoint - The company, Dream百合家居科技股份有限公司, has announced a share repurchase plan to enhance employee incentive mechanisms and boost investor confidence, with a total repurchase amount ranging from RMB 0.85 billion to RMB 1.70 billion [2][6]. Summary by Relevant Sections Repurchase Plan Details - The repurchase amount will be no less than RMB 0.85 billion and no more than RMB 1.70 billion [2]. - The funding sources for the repurchase include the company's own funds and a special loan from Shanghai Pudong Development Bank, which has committed up to RMB 1.50 billion [2][14]. - The repurchased shares will be used for employee stock ownership plans or equity incentives, and any untransferred shares within three years will be canceled [2][18]. - The maximum repurchase price is set at RMB 10.90 per share, which is 150% of the average trading price over the previous 30 trading days [2][14]. Implementation Timeline - The repurchase will be conducted through centralized bidding and is expected to be completed within 12 months from the board's approval [3][9]. - If the stock price exceeds the upper limit during the repurchase period, the plan may not be fully executed [4][22]. Shareholder Information - As of the board's decision date, there are no plans for share reductions by major shareholders, including directors and executives, in the next three to six months [3][17]. - The company has confirmed that there are no conflicts of interest or insider trading related to the repurchase plan [16]. Financial Impact - The repurchase amount, at its maximum, represents approximately 1.77% of the company's total assets and 4.69% of the net assets attributable to shareholders, indicating a low impact on financial operations [15][16]. - The repurchase is not expected to change the company's control structure or affect its listing status [16]. Regulatory Compliance - The repurchase plan has been approved by the board with the required majority and does not need shareholder approval [26]. - The company will adhere to all relevant laws and regulations throughout the repurchase process [20][21].