Sou Hu Cai Jing·2025-05-25 18:44Core Viewpoint - The stock price of Times Electric (688187) has been underperforming, with recent trading data showing a decline and low turnover, raising concerns among investors about the company's image and measures taken to enhance shareholder value [1][2][3]. Company Performance - As of May 23, 2025, Times Electric's stock closed at 44.6 yuan, down 1.65%, with a turnover rate of 1.03% and a trading volume of 28,900 shares, amounting to a transaction value of 131 million yuan [1]. - The company has committed to returning value to shareholders, with a planned cash dividend of 10 yuan per 10 shares for the 2024 fiscal year, totaling over 1.369 billion yuan, which represents approximately 36.98% of the net profit attributable to shareholders [3]. Share Buyback Activity - The company has been actively repurchasing shares, having bought back a total of 52,580,500 H-shares, which is about 9.69% of the total shares issued at the time of the buyback authorization [8][9]. - The buyback program is set to continue, with a maximum repurchase of 54,263,260 shares authorized, and the company plans to use its own funds for this purpose [3][9]. Shareholder Information - As of May 20, 2025, the number of A-share shareholders stood at 20,089 [4][5]. - The company has faced inquiries regarding the pace of its share buyback, with assurances provided that it adheres to information disclosure obligations [4]. Market Sentiment - On May 23, 2025, the net outflow of main funds was 12.84 million yuan, while retail investors showed a net inflow of 8.05 million yuan, indicating mixed market sentiment towards the stock [8][9].