GTC(SZ:000589) Sou Hu Cai Jing·2025-05-31 09:37Core Insights - Guizhou Tyre (000589) closed at 4.53 yuan on May 30, 2025, reflecting a 0.67% increase from the previous week's 4.5 yuan [1] - The company's market capitalization is currently 7.043 billion yuan, ranking 89th out of 228 in the automotive parts sector and 2175th out of 5146 in the A-share market [1] Company Announcements - Guizhou Tyre has completed the repurchase and cancellation of a portion of restricted shares, updating its registered capital to 1.55446804 billion yuan [1] - The company's articles of association, post-repurchase, outline the rights and obligations of shareholders, directors, and senior management, as well as the responsibilities and rules for the shareholders' meeting, board of directors, and supervisory board [1] - The company is authorized to issue shares to unspecified or specific parties, distribute bonus shares, and increase capital through retained earnings, while also having the ability to repurchase shares through capital reduction or mergers [1] - The profit distribution policy emphasizes sustainable and stable returns to investors, with a minimum cash dividend ratio of 10% of the distributable profit each year [1] - The articles also detail procedures for mergers, divisions, capital increases, reductions, dissolution, and liquidation [1] - The company has established a party committee to ensure correct development direction [1]