GEM(SZ:002340) Zheng Quan Zhi Xing·2025-06-27 16:24Overview of Share Buyback Plan - The company has approved a share buyback plan using its own funds and special loan funds, with a total amount between 100 million RMB and 200 million RMB, and a maximum buyback price of 9.93 RMB per share [1][2] - The buyback shares will be used for employee stock ownership plans and to reduce registered capital, with at least 50% of the repurchased shares for capital reduction [1] Adjustment of Buyback Price Cap - Following the annual profit distribution plan approved on May 19, 2025, the company will distribute a cash dividend of 0.66 RMB per 10 shares, with no stock bonus [2] - The buyback price cap has been adjusted from 9.93 RMB to 9.86 RMB per share due to the cash dividend distribution [4][5] Financial Implications - The total cash dividend will reduce the per-share cash dividend to approximately 0.0656731 RMB, affecting the calculation of the ex-dividend price [3] - As of the announcement date, the company has utilized 136,743,597 RMB for buybacks, leaving a remaining buyback fund of 63,256,403 RMB, which can repurchase approximately 6,415,456 shares [5]