Hitevision (SZ:002955) Zheng Quan Zhi Xing·2025-06-20 09:41Core Viewpoint - The company has approved a share repurchase plan to enhance capital efficiency and utilize government support for stock buybacks, with a total budget between RMB 50 million and RMB 100 million [1][2][3] Group 1: Share Repurchase Plan - The board approved a share repurchase plan using no less than RMB 50 million and no more than RMB 100 million of its own funds, with a maximum repurchase price adjusted to RMB 33.307 per share [1] - The repurchase period is set for 12 months from the board's approval date [1] - The funding source for the repurchase has been adjusted to include both self-owned and self-raised funds, such as bank loans [1] Group 2: Implementation Results - As of June 17, 2025, the company completed the share repurchase, acquiring a total of 2,398,850 shares, which is 1.0137% of the total share capital [3] - The highest transaction price during the repurchase was RMB 22.81 per share, while the lowest was RMB 19.13 per share, with a total expenditure of RMB 53,000,000 [3][4] Group 3: Compliance and Impact - The repurchase did not adversely affect the company's operations, finances, or future development, and control over the company remains unchanged [4] - The company adhered to all relevant regulations during the repurchase process, ensuring compliance with the rules set by the Shenzhen Stock Exchange [6] Group 4: Future Plans for Repurchased Shares - The repurchased shares will be held in a special securities account and will not have voting rights or profit distribution rights until further decisions are made regarding their use for employee stock ownership plans or other purposes [6]