亚宝药业: 亚宝药业集团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 plans to repurchase shares through a centralized bidding method, with a total repurchase amount ranging from RMB 0.5 billion to RMB 1 billion, aimed at enhancing shareholder value and confidence in the company's future prospects [1][5][10]. Summary by Sections Repurchase Plan Details - The repurchase plan was first disclosed on April 26, 2025, and will be implemented within six months after approval by the shareholders' meeting [4]. - The repurchase will involve buying back between 7,194,244 and 14,388,489 shares, representing 1.03% to 2.06% of the total share capital [4][7]. - The maximum repurchase price is set at RMB 6.95 per share, which is 150% of the average trading price over the 30 trading days prior to the board's decision [2][6]. Purpose and Funding - The purpose of the repurchase is to maintain company value and protect shareholder interests, with the repurchased shares to be canceled to reduce registered capital [4][10]. - The funding for the repurchase will come from the company's own funds and self-raised funds [5][7]. Financial Impact - If the maximum repurchase amount of RMB 1 billion is utilized, it would account for approximately 2.80% of the company's total assets, 3.40% of net assets attributable to shareholders, and 6.20% of current assets as of March 31, 2025 [9][10]. - The company believes that the repurchase will not significantly impact its operations, finances, or future development [10]. Shareholder Considerations - The company has confirmed that there are no plans for share reductions by major shareholders in the next three to six months [10][11]. - The repurchase plan requires approval from the shareholders' meeting and must comply with creditor notifications to protect their interests [12]. Implementation and Adjustments - The repurchase will be executed through the Shanghai Stock Exchange trading system, and adjustments to the repurchase price may occur due to corporate actions like dividends or stock splits [6][7]. - The company has established a dedicated securities account for the repurchase [12].