HLC(SH:600731) Zheng Quan Zhi Xing·2025-06-26 16:21Core Viewpoint - Hunan Haili Chemical Co., Ltd. plans to repurchase A-shares through centralized bidding, with a total repurchase amount not exceeding 161.57 million yuan, aimed at implementing an employee stock incentive plan [1][2][3] Summary by Sections Repurchase Plan Overview - The company intends to repurchase between 8.38 million and 16.76 million shares, with the final number determined at the end of the repurchase period [1][3] - The maximum repurchase price is set at 9.64 yuan per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [4][5] - The repurchase will be funded through the company's own funds and a special loan for stock repurchase [1][5] Purpose and Duration - The repurchase is aimed at enhancing shareholder value and investor confidence, supporting the company's long-term sustainable development [2][3] - The repurchase period will not exceed 12 months from the board's approval date [1][3] Impact on Share Structure - The repurchase is expected to account for 1.5% to 3% of the company's total share capital, with the total share capital being 558,742,416 shares [4][5] - If all repurchased shares are used for the stock incentive plan, the company's share structure will remain unchanged [6][7] Financial Position - As of March 31, 2025, the company's total assets are 4.472 billion yuan, with net assets of 3.217 billion yuan and current assets of 2.3 billion yuan [6][7] - The total repurchase amount represents 3.62% of total assets, 5.04% of net assets, and 7.04% of current assets, indicating a manageable impact on the company's financial health [6][7] Compliance and Governance - The board's decision to implement the repurchase does not require shareholder approval, having been passed by a two-thirds majority of the board [2][3] - The company has confirmed that there are no plans for share reduction by major shareholders or executives in the next three to six months [7][8]