Core Viewpoint - Zhejiang Chint Electric Co., Ltd. has announced the progress of its share repurchase plan, which aims to enhance employee stock ownership and shareholder value through a structured buyback program [1][2]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on April 16, 2025, proposed by the controlling shareholder [1]. - The implementation period for the repurchase is from April 15, 2025, to April 14, 2026 [1]. - The expected repurchase amount ranges from 270 million yuan to 540 million yuan [1]. - The repurchase is intended for employee stock ownership plans or equity incentives [1]. Progress of Share Repurchase - As of the end of May 2025, the company has repurchased a total of 4.8895 million shares, representing 0.23% of the total share capital [1]. - The total amount spent on the repurchase is 110.5001 million yuan, with a purchase price range between 22.24 yuan and 22.89 yuan per share [1]. - The company will continue to disclose the progress of the share repurchase in accordance with relevant regulations [2].
正泰电器: 正泰电器关于以集中竞价交易方式回购公司股份的进展公告