IKD(SH:600933) Zheng Quan Zhi Xing·2025-06-20 11:29Core Viewpoint - The company plans to repurchase shares with a total amount not less than RMB 100 million and not exceeding RMB 200 million, aimed at employee stock ownership plans or equity incentives [1][2][3] Summary by Relevant Sections Repurchase Plan Overview - The repurchase will be conducted through centralized bidding and is expected to occur within 12 months from the board's approval [3][4] - The maximum repurchase price is set at RMB 24.17 per share, which is 150% of the average trading price over the previous 30 trading days [1][5] - The total number of shares to be repurchased is estimated to be between 4.1374 million and 8.2747 million, representing 0.42% to 0.84% of the total share capital [3][5] Purpose of the Repurchase - The repurchase aims to enhance investor confidence, establish a long-term incentive mechanism, and align the interests of shareholders, the company, and employees [3][8] - The repurchased shares will be used for employee stock ownership plans or equity incentives, with a transfer period of three years post-announcement [4][9] Financial Impact - The repurchase amount, at the upper limit of RMB 200 million, would account for approximately 1.34% of the company's total assets and 2.35% of net assets as of March 31, 2025 [6][8] - The company asserts that the repurchase will not significantly impact its operations, financial status, or future development [6][8] Governance and Compliance - The board of directors approved the repurchase plan with unanimous support, and it does not require shareholder approval [2][4] - The company has confirmed that there are no plans for share buybacks or sales by major shareholders or executives in the six months prior to the board's decision [8][9] Risk Management - The company will monitor market conditions and may adjust the repurchase plan accordingly, ensuring compliance with relevant regulations [2][10] - If the shares are not transferred within the stipulated three years, they will be canceled, and the registered capital will be reduced [4][9]