GYLS(SH:600059) Zheng Quan Zhi Xing·2025-06-23 16:56Core Viewpoint - Zhejiang Guyue Longshan Shaoxing Wine Co., Ltd. announced a share repurchase plan to enhance employee stock ownership and incentivize staff, with a total repurchase amount between RMB 200 million and RMB 300 million [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was approved by the board on April 23, 2025, and will be executed within 12 months from the approval date [1]. - The company plans to repurchase shares at a price not exceeding RMB 12.83 per share [1]. - The repurchased shares will be used for employee stock ownership plans or equity incentives [1]. Group 2: Progress of Share Repurchase - As of the announcement, the company has repurchased a total of 4.8888 million shares, representing 0.54% of the total share capital [1]. - The total amount spent on repurchased shares so far is RMB 50.2457 million [1]. - The company will continue to make repurchase decisions based on market conditions and will fulfill information disclosure obligations as required [2].