Xiangyu(SH:600057) Zheng Quan Zhi Xing·2025-06-03 10:37Core Viewpoint - The company has initiated a share buyback program, aiming to repurchase between 100 million and 150 million shares at a maximum price of 8.85 CNY per share, primarily for employee stock ownership plans and equity incentives [1][2]. Group 1: Buyback Plan Details - The buyback plan was first disclosed on April 17, 2025, and the implementation period is set for six months from the board's approval date [1]. - The total number of shares repurchased so far is 45,436,053, which represents 1.05% of the company's total share capital [1][2]. - The total amount spent on the buyback to date is 30,480.67 million CNY, with the actual repurchase price ranging from 6.37 CNY to 7.01 CNY per share [1][2]. Group 2: Compliance and Future Actions - The company confirms that the buyback actions comply with relevant laws and regulations, as well as the company's buyback plan requirements [2]. - The company will continue to implement the share buyback according to market conditions and will fulfill its information disclosure obligations regarding the progress of the buyback [2].