Summary of Key Points Core Viewpoint - The company, Jiangsu Feiwo Tai Nano Technology Co., Ltd., has announced a share repurchase plan aimed at enhancing shareholder value and implementing an employee stock ownership plan. Group 1: Share Repurchase Plan - The repurchase plan was first disclosed on August 6, 2024, proposed by the actual controller and chairman, Mr. Zong Jian [1] - The implementation period for the repurchase is 12 months following board approval [1] - The expected repurchase amount ranges from 50 million to 100 million RMB [1] - The maximum repurchase price is set at 19.00 RMB per share [1] - The repurchased shares will be used for employee stock ownership plans or equity incentives [1] Group 2: Implementation Details - As of the announcement date, the company has completed the share repurchase, acquiring a total of 4,658,312 shares, which represents 1.3886% of the total share capital [3] - The total amount spent on the repurchase was approximately 50.20 million RMB, with a price range of 8.61 RMB to 17.73 RMB per share [3] - The repurchase was conducted in compliance with relevant laws and regulations, and the execution of the plan aligns with the originally disclosed terms [3][4] Group 3: Shareholder Structure and Future Plans - The repurchased shares are stored in a dedicated repurchase account and will be used for equity incentives [4] - If the shares are not transferred within three years after the announcement of the repurchase results, they will be legally canceled [4] - The company will continue to adhere to the regulations regarding share repurchases and will disclose information in a timely manner [5]
菲沃泰: 关于股份回购实施结果暨股份变动的公告