RYC(SZ:003010) Shang Hai Zheng Quan Bao·2025-05-28 17:56Summary of Key Points Core Viewpoint - The company, Guangzhou Ruoyuchen Technology Co., Ltd., announced adjustments to its share repurchase plan following the implementation of its 2024 annual equity distribution, which includes cash dividends and capital reserve transfers to shareholders [1][2]. Group 1: Share Repurchase Plan - The company plans to repurchase shares using its own funds and a special loan for share repurchase, with a total fund amount between RMB 100 million and RMB 200 million [1][4]. - The initial maximum repurchase price was set at RMB 42.40 per share, which has been adjusted to RMB 30.22 per share due to the equity distribution [2][4]. - The expected number of shares to be repurchased ranges from approximately 3.31 million to 6.62 million shares, representing about 1.45% to 2.91% of the total share capital post-equity distribution [4][5]. Group 2: Equity Distribution Implementation - The equity distribution plan involves a cash dividend of RMB 5 per 10 shares and a capital reserve transfer of 4 shares for every 10 shares held, resulting in a total capital increase of 63,457,442 shares [2][10]. - The total share capital after the distribution will increase to 227,487,948 shares [10][11]. - The record date for the equity distribution is set for June 6, 2025, with the ex-dividend date on June 9, 2025 [11][12]. Group 3: Calculation Adjustments - The cash dividend per share is calculated to be approximately RMB 0.4836 based on the total cash dividend of RMB 79,321,803 distributed among the adjusted share capital [3][15]. - The adjustment in the repurchase price is based on the cash dividend and the change in circulating shares due to the capital reserve transfer [4][15]. - The adjusted maximum repurchase price reflects the cash dividend and the increase in circulating shares, ensuring compliance with regulatory requirements [4][16].