Sinocat(SH:688737) Zheng Quan Zhi Xing·2025-06-06 09:43Core Viewpoint - The company has successfully completed a share repurchase program, acquiring a total of 2,062,238 shares, which represents 1.72% of its total share capital, with a total expenditure of approximately 29.99 million yuan [1][2][3]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on June 13, 2024, with an implementation period from June 6, 2024, to June 5, 2025 [1]. - The expected repurchase amount ranges from 20 million yuan to 40 million yuan, with a maximum repurchase price set at 29.10 yuan per share [2]. Implementation Details - The company initiated the share repurchase on June 12, 2024, and disclosed the first repurchase announcement on June 13, 2024 [2]. - By June 5, 2025, the company had repurchased 2,062,238 shares at a price range of 13.06 yuan to 17.30 yuan per share, with an average price of 14.54 yuan per share [2][3]. - The total funds used for the repurchase amounted to 29,989,791.76 yuan, excluding transaction fees [2]. Financial Impact - The funds used for the share repurchase were entirely from the company's own resources, ensuring no significant impact on its operations, finances, or future development [3]. - The share repurchase will not alter the company's control structure, and the distribution of shares post-repurchase remains compliant with listing requirements [3]. Shareholder Rights and Future Plans - The repurchased shares will be allocated for employee stock ownership plans or equity incentives, and during the holding period, these shares will not have voting rights or profit distribution rights [5]. - If the company does not utilize the repurchased shares within three years, any untransferred shares will be canceled [5].