CETC Chips(SH:600877) Zheng Quan Zhi Xing·2025-06-12 10:27Summary of Key Points Core Viewpoint - The announcement details the completion of a share buyback plan by a significant shareholder of China Electronics Technology Group Corporation (CETC), reflecting confidence in the company's future prospects and value recognition [1][4]. Group 1: Buyback Plan Details - The buyback plan was announced with a total investment amount ranging from RMB 250 million to RMB 500 million, aiming to acquire up to 2% of the company's total share capital within 12 months [1][2]. - The buyback was executed through the Shanghai Stock Exchange, utilizing methods such as centralized bidding and block trading [1][2]. Group 2: Implementation Results - As of the announcement date, the shareholder, CETC Investment Holdings Co., Ltd., had acquired a total of 20,277,573 shares, representing 1.71% of the company's total share capital, with a total expenditure of approximately RMB 251.96 million [3][4]. - Following the completion of the buyback plan, the total shares held by the shareholder and its concerted parties increased to 489,106,053 shares, accounting for 41.31% of the total share capital [3][4]. Group 3: Legal Compliance - The buyback actions were confirmed to comply with relevant laws and regulations, including the Securities Law and the Management Measures for Acquisitions [4]. - A legal opinion was issued confirming that the buyback plan adhered to all applicable legal requirements [3][4].