Jialong(SZ:002495) Zheng Quan Zhi Xing·2025-06-13 09:54Core Viewpoint - Guangdong Jialong Food Co., Ltd. has approved a share repurchase plan, indicating confidence in its financial health and future prospects [1][4]. Summary by Sections Share Repurchase Plan - The company plans to repurchase shares using its own funds, with a total amount between RMB 50 million and RMB 100 million, and a maximum price of RMB 2.20 per share [1]. - The share repurchase price cap was later adjusted to RMB 3.50 per share while other aspects of the plan remained unchanged [2]. Implementation Status - As of the latest announcement, the company has completed the share repurchase, acquiring a total of 26,540,600 shares, which represents 2.84% of the total share capital [3]. - The repurchase occurred between July 4, 2024, and June 12, 2025, and the total amount spent reached the lower limit of the repurchase plan [3][4]. Compliance and Impact - The implementation of the share repurchase aligns with the approved plan and relevant regulations, with no discrepancies noted [4][6]. - The company’s financial condition remains stable, and the repurchase is not expected to significantly impact its operations or future development [4][5]. Share Structure Changes - Following the repurchase, the share structure will change, with the proportion of restricted shares increasing from 25.10% to 27.94%, while unrestricted shares will decrease from 74.90% to 72.06% [6]. Future Arrangements - The company plans to develop corresponding equity incentive or employee stock ownership plans for the repurchased shares, with a stipulation to cancel any unused shares within 36 months [7].