Shanghai Electric(SH:601727) Zheng Quan Zhi Xing·2025-05-30 11:43Core Viewpoint - Shanghai Electric Group Co., Ltd. has announced a plan to repurchase A-shares, with a total repurchase amount expected to be between RMB 150 million and RMB 300 million, aimed at reducing the company's registered capital [1][2]. Group 1: Repurchase Plan - The repurchase will be conducted through centralized bidding, with a maximum repurchase price set at RMB 12.29 per share, which is 150% of the average trading price over the 30 trading days prior to the board's decision [2]. - The estimated number of shares to be repurchased and canceled will depend on the actual repurchase situation and the corresponding reduction amount in registered capital [2]. Group 2: Creditor Notification - Creditors have the right to request debt repayment or corresponding guarantees within 30 days of receiving the notice, or within 45 days from the announcement date if they have not received a notice [2]. - If creditors do not exercise their rights within the specified period, the repurchase and cancellation will proceed according to legal procedures [2]. Group 3: Documentation for Creditors - Creditors must provide original and photocopied documents proving the existence of the debt relationship when declaring their claims [3]. - For corporate creditors, additional documents such as the business license and identification of the legal representative are required [3]. - Individual creditors must also present valid identification and, if applicable, an authorization letter for representation [3].