Midea Group(SZ:000333) Zheng Quan Zhi Xing·2025-06-25 17:55Core Viewpoint - Midea Group has completed the cancellation of repurchased shares, resulting in changes to its total share capital and the number of circulating shares, in accordance with relevant regulations [1][2]. Group 1: Share Repurchase and Cancellation - The company approved a share repurchase plan to buy back shares for an amount not exceeding RMB 50 billion and not less than RMB 25 billion, with a maximum price of RMB 70 per share, within a 12-month period [1]. - As of March 10, 2023, the company had repurchased a total of 48,558,888 shares, which accounted for a certain percentage of the total share capital [2]. - The board approved a change in the purpose of the remaining repurchased shares, totaling 11,090,741 shares, to be used for cancellation and reduction of registered capital [2]. Group 2: Share Capital Structure Changes - After the cancellation of the repurchased shares, the company's share capital structure changed as follows: - Ordinary shares (A shares) decreased from 7,026,396,324 shares (91.52%) to 7,015,305,583 shares (91.51%) [2]. - The number of circulating shares with restrictions remained at 111,134,294 shares (1.45%) [2]. - The total share capital decreased from 7,677,244,824 shares to 7,666,154,083 shares [2]. Group 3: Future Arrangements - Following the cancellation of the repurchased shares, the company will amend its articles of association regarding registered capital and total shares, and will carry out necessary business registration and filing procedures [2].