江瀚新材: 关于以集中竞价交易方式回购股份的回购报告书

Core Viewpoint - The company plans to repurchase shares worth between 200 million to 400 million yuan to enhance shareholder value and align interests among stakeholders [1][2][6] Summary by Relevant Sections Repurchase Plan Overview - Proposed repurchase amount: 200 million to 400 million yuan [1][2] - Source of funds: Own funds or loans from financial institutions [1][2] - Maximum repurchase price: 30 yuan per share [1][2] - Repurchase method: Centralized bidding [1][2] - Duration for repurchase: 12 months after shareholder meeting approval [1][2] Purpose and Use of Repurchased Shares - Intended uses: Reduce registered capital or for employee stock ownership plans and equity incentives [1][2][3] - Estimated number of shares to be repurchased: 6.67 million to 13.33 million shares, representing 1.79% to 3.57% of total share capital [2][5] Financial Impact and Company Status - As of March 31, 2025, total assets: 5.529 billion yuan, net assets: 5.046 billion yuan, cash: 3.414 billion yuan [6] - Maximum repurchase amount represents approximately 7.23% of total assets, 7.93% of net assets, and 11.72% of cash [6] - The company maintains a stable financial condition, and the repurchase will not significantly impact operations or financial health [6][7] Compliance and Governance - The repurchase proposal was initiated by the actual controller and chairman, Gan Shuguan, on May 16, 2025, and approved by the board and shareholders [2][8] - No insider trading or market manipulation has been reported related to the repurchase [7][8] - All major shareholders and executives have confirmed no plans to sell shares in the next six months [8]