Arctech Solar(SH:688408) Zheng Quan Zhi Xing·2025-06-27 16:52Core Viewpoint - The company announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual profit distribution plan, reducing the price from 80 RMB to 79.01 RMB per share [1][2]. Summary by Sections Share Repurchase Plan - The company plans to use its own funds and/or repurchase special loans for share repurchase, which will be used for employee stock ownership plans or equity incentives [1]. - The total amount for the repurchase will be no less than 70 million RMB and no more than 100 million RMB [3]. Adjustment of Repurchase Price - The maximum repurchase price was adjusted to 79.01 RMB per share due to the cash dividend distribution of 10 RMB per 10 shares [2]. - The adjustment formula for the repurchase price is based on the cash dividend and the change in circulating shares, which remains unchanged in this case [2]. Dividend Distribution - The company will distribute a cash dividend of 10 RMB per 10 shares, with the record date set for June 25, 2025 [1]. - The cash dividend per share, after dilution adjustments, is approximately 0.9906 RMB [2]. Other Matters - The adjusted maximum repurchase price will take effect on June 26, 2025, coinciding with the ex-dividend date [3]. - The company will adhere to relevant regulations during the repurchase process and will disclose information regarding the progress of the repurchase [4].