Core Viewpoint - The company, Fujian Nanwang Environmental Technology Co., Ltd., has successfully completed its share repurchase plan, utilizing between 20 million and 40 million RMB of its own funds to buy back shares for potential employee stock ownership plans or equity incentives [2][3]. Summary by Sections Share Repurchase Plan - The company announced a share repurchase plan on June 25, 2024, with a budget of 20 million to 40 million RMB, adjusting the maximum repurchase price from 15 RMB to 14.9 RMB per share [2]. - The estimated number of shares to be repurchased ranges from 1,342,282 to 2,684,563, representing 0.6880% to 1.3760% of the total share capital [2]. Implementation Status - As of the announcement date, the company has repurchased a total of 1,773,100 shares, accounting for 0.9088% of the total share capital, with a total expenditure of 20,024,048 RMB [3]. - The highest and lowest prices for the repurchased shares were 12.60 RMB and 9.35 RMB, respectively [3]. Compliance and Impact - The share repurchase was conducted in accordance with relevant regulations and did not deviate from the approved plan [3]. - The implementation of the repurchase will not significantly impact the company's financials, operations, or control structure [3]. Future Arrangements - The repurchased shares will not have voting rights or be subject to pledging and lending, and any unused shares will be canceled after three years [6]. Share Structure Changes - The share structure before and after the repurchase indicates a slight shift in the proportion of restricted and unrestricted shares, with restricted shares decreasing from 50.28% to 49.55% and unrestricted shares increasing from 49.72% to 50.45% [5].
南王科技: 关于公司股份回购完成暨股份变动的公告