IKD(SH:600933) Chang Jiang Shang Bao·2025-06-19 23:53Core Viewpoint - Aikodi (600933.SH) announces a share buyback plan to enhance investor confidence and improve corporate governance, with a total buyback amount between 100 million and 200 million RMB, at a maximum price of 24.17 RMB per share [1][2][3] Financial Performance - In Q1 2025, Aikodi achieved revenue of 1.666 billion RMB, a year-on-year increase of 1.41%, and a net profit of 257 million RMB, up 10.94% [1][5] - The total assets of Aikodi as of March 31, 2025, were 14.92 billion RMB, reflecting a 4.5% increase from the previous year [2][3] - Cumulative cash dividends since its listing in 2017 amount to 1.774 billion RMB, with a dividend payout ratio of 38.5% [1][3] Share Buyback Details - The buyback will utilize self-owned or self-raised funds through the Shanghai Stock Exchange, with an estimated repurchase of approximately 4.1374 million to 8.2747 million shares, representing 0.42% to 0.84% of the total share capital [2][3] - The buyback price is set to be 55.63% higher than the current market price of 15.53 RMB per share [2] Business Growth and Strategy - Aikodi's revenue for 2024 was 6.746 billion RMB, a 13.24% increase year-on-year, and net profit was 940 million RMB, up 2.86% [5] - The company has been focusing on technological innovation and global expansion, achieving significant business progress, including the successful launch of the 500,000th five-in-one electric drive housing [5][6] - Aikodi has consistently increased its R&D expenditure, reaching 348 million RMB in Q1 2025, with a total of 1.146 billion RMB over the past five years [6] Patent and Innovation - Aikodi has obtained a total of 137 valid authorized patents, including 74 invention patents, indicating a strong focus on innovation [6]