Core Viewpoint - Hunan Chongde Technology Co., Ltd. has approved a share repurchase plan to enhance employee incentives and ownership, with a total repurchase amount between RMB 20 million and RMB 40 million, and a maximum repurchase price of RMB 76.75 per share [1][2] Summary by Sections Share Repurchase Plan - The company will use its own or self-raised funds to repurchase shares through centralized bidding, aimed at implementing an equity incentive plan or employee stock ownership plan [1] - The total amount for the share repurchase will not be less than RMB 20 million and not exceed RMB 40 million, with a repurchase price capped at RMB 76.75 per share, and the repurchase period will not exceed 12 months from the board's approval date [1] First Share Repurchase Details - The company has completed its first share repurchase, acquiring 106,200 shares, which represents 0.12% of the total share capital of 87 million shares as of June 13, 2025 [1] - The highest transaction price during this repurchase was RMB 47.10 per share, while the lowest was RMB 46.88 per share, with a total transaction amount of RMB 4,994,584 (excluding transaction fees) [1] Compliance and Future Actions - The share repurchase actions comply with the company's repurchase plan and relevant regulations, including the Shenzhen Stock Exchange's self-regulatory guidelines [2] - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations as required by laws and regulations during the repurchase period [2]
崇德科技: 关于首次回购公司股份的公告