DELISI(SZ:002330) Zheng Quan Zhi Xing·2025-06-20 10:17Core Viewpoint - The company, Shandong Delisi Food Co., Ltd., has completed a share repurchase plan, acquiring a total of 8 million shares, which represents 1.26% of its total share capital, to be used for employee stock ownership plans or equity incentive plans [3][4][5]. Share Repurchase Plan - The company convened its sixth board meeting on November 13, 2024, and approved a share repurchase plan using its own funds and a special loan for stock repurchase, with a maximum repurchase price of RMB 6.30 per share [2]. - The repurchase will involve a minimum of 6.5 million shares and a maximum of 13 million shares, with a duration of 12 months from the board's approval [2]. - The board later adjusted the loan proportion for the repurchase from a maximum of 70% to 90% of the actual repurchase amount, extending the loan term from 12 months to 36 months [2]. Implementation Status - As of June 19, 2025, the share repurchase plan was completed, with the company having repurchased 8 million shares, meeting the minimum requirement of the plan [3][4]. - The highest transaction price during the repurchase was not disclosed, but the company confirmed that the actual repurchase quantity and price were in line with the approved plan [4]. Impact on the Company - The share repurchase is not expected to have a significant impact on the company's financials, operations, debt obligations, or future development [4]. - The repurchase will not alter the company's control or its status as a listed company, and the share distribution will continue to meet listing requirements [4]. Future Arrangements - The repurchased shares will be held in a special securities account and will not have voting rights or profit distribution rights until they are used for the intended purposes [6]. - If the shares are not transferred for the disclosed purposes within three years, they will be canceled, leading to a corresponding reduction in the company's total share capital [5][6].