HY Energy(SH:600387) Zheng Quan Zhi Xing·2025-06-13 14:00Core Points - The company, Haiyue Energy Group Co., Ltd., will enter a delisting transition period starting June 16, 2025, with the last trading day expected to be July 4, 2025 [1][2] - After the delisting transition period, the Shanghai Stock Exchange will delist the company's stock within five trading days [1][3] - The company will not plan or implement any major asset restructuring during the delisting transition period [4][5] Trading Details - The stock will trade under the code 600387 and the name "Delisting Haiyue" during the transition period [2][3] - The first trading day will have no price fluctuation limit, while subsequent days will have a limit of 10% [3] - The transition period consists of 15 trading days, and if there are full-day suspensions, the last trading date may be postponed [2][3] Share Buyback Plan - The company plans to repurchase shares with an amount between RMB 30 million and RMB 50 million, with a maximum price of RMB 2.00 per share [2][4] - The company cannot conduct share buybacks on the first day of the delisting transition period, and there is a risk that the buyback plan may not be executed if the stock price exceeds the buyback price limit [4][5] - Company executives and major shareholders have confirmed no plans to reduce their holdings during the buyback period and the following three to six months [5]