LYFEN(SH:603777) Zheng Quan Zhi Xing·2025-06-23 09:33Core Viewpoint - The company has successfully completed its share repurchase plan, utilizing its own funds to buy back a total of 2.9054 million shares, which accounts for 0.87% of its total share capital, with a total expenditure of approximately 30.22 million yuan [1][2][3] Summary by Sections Repurchase Plan Details - The repurchase plan was first disclosed on June 26, 2024, with an implementation period from June 25, 2024, to June 24, 2025, and an estimated repurchase amount between 30 million yuan and 60 million yuan [1] - The shares repurchased will be used for the company's employee stock ownership plan or equity incentives [1] - The maximum repurchase price was set at 15.85 yuan per share [1] Implementation Status - The company initiated its share repurchase on July 10, 2024, and confirmed the completion of the plan by reaching the lower limit of the repurchase amount [2] - The actual repurchase price ranged from 7.87 yuan to 15.11 yuan per share [2] Impact of the Repurchase - The funds used for the repurchase were entirely from the company's own resources, and the repurchase is not expected to significantly impact the company's operations, finances, or future development [3] - The repurchase will not affect the company's listing status or control [3] Shareholding Changes - Before the repurchase, the total number of shares was 336,559,908, which decreased to 334,424,166 after the repurchase [4] - The repurchased shares will be temporarily held in a dedicated securities account and will be used for the employee stock ownership plan [4] Future Arrangements - The repurchased shares will not enjoy rights such as profit distribution or voting until they are transferred [4] - If the shares are not utilized within three years, they will be canceled according to legal requirements [4]