跃岭股份: 回购报告书

Core Viewpoint - The company plans to repurchase its shares for an amount between RMB 15 million and RMB 30 million, primarily for employee stock incentive programs, with a maximum repurchase price set at RMB 16.00 per share [1][2][3] Group 1: Repurchase Plan Details - The repurchase aims to enhance investor confidence and improve the company's long-term incentive mechanism [2][5] - The repurchase will be conducted through centralized bidding and is expected to acquire approximately 937,500 to 1,875,000 shares, representing about 0.37% to 0.73% of the total share capital [1][3] - The funding for the repurchase will come from the company's own or self-raised funds [3][5] Group 2: Implementation Timeline and Conditions - The implementation period for the repurchase is set for 12 months from the board's approval date [1][3] - The repurchase may be adjusted based on market conditions and the company's financial status [3][4] - If the repurchase funds reach the upper limit, the plan will be considered complete [4][5] Group 3: Financial Impact and Company Position - As of December 31, 2024, the company reported total assets of RMB 1.304 billion and a net asset value of RMB 1.012 billion, indicating that the repurchase amount will not significantly impact its financial stability [5][6] - The management expresses confidence in the company's long-term value, asserting that the repurchase will not harm its debt repayment ability or ongoing operations [5][6] Group 4: Regulatory Compliance and Disclosure - The company has established a dedicated securities account for the repurchase and has secured a special loan commitment of up to RMB 27 million for this purpose [9][10] - Regular disclosures regarding the repurchase progress will be made in accordance with regulatory requirements [10]