YTL(SZ:000960) Chang Jiang Shang Bao·2025-06-16 00:51Core Viewpoint - The company, Xiyes Co., Ltd., is demonstrating confidence in the market by announcing a share buyback plan of 100 million to 200 million RMB, aimed at reducing registered capital and enhancing shareholder value [1][2]. Group 1: Share Buyback Plan - Xiyes Co., Ltd. plans to repurchase shares at a price not exceeding 21.19 RMB per share, with a total investment between 100 million and 200 million RMB, potentially acquiring approximately 471,920 to 943,840 shares, which represents 0.29% to 0.57% of the total share capital [2]. - The buyback is seen as a strategy to boost stock prices, as the current market price is 14.48 RMB per share, which is 46% lower than the buyback price cap [2]. Group 2: Financial Performance - In Q1 2025, Xiyes Co., Ltd. reported a revenue of 9.729 billion RMB, a year-on-year increase of 15.82%, and a net profit attributable to shareholders of 499 million RMB, up 53.08% [1][4][5]. - The company has shown a consistent improvement in its financial health, with a decrease in the debt-to-asset ratio from 61.53% in 2020 to 40.22% in Q1 2025 [3]. Group 3: Research and Development - Xiyes Co., Ltd. is committed to innovation, with R&D expenses increasing significantly over the years, reaching 75.22 million RMB in Q1 2025, a year-on-year rise of 9.12% [5]. - The company plans to invest 270 million RMB in collaboration with Yunnan Tin Holdings and New Materials Company to enhance the Tin-Indium Laboratory, which focuses on comprehensive research and development across the tin-indium industry chain [5][6].