JINYU(SH:600201) Zheng Quan Zhi Xing·2025-06-30 16:24Summary of Key Points Core Viewpoint - The company has adjusted the maximum repurchase price of its shares from RMB 10.01 per share to RMB 9.98 per share following the implementation of the 2024 annual equity distribution plan [1][2][3]. Group 1: Share Repurchase Overview - The company approved a share repurchase plan using its own funds, with a total repurchase amount between RMB 80 million and RMB 160 million, and the repurchase period starting from the board's approval date [1]. - The repurchase is intended for employee stock ownership plans or equity incentives [1]. Group 2: Reasons for Price Adjustment - The adjustment in the repurchase price is due to the cash dividend distribution of RMB 0.3 per 10 shares, which will be distributed to all shareholders [2]. - The company plans to maintain the per-share distribution ratio even if the total share capital changes before the equity distribution date [2]. Group 3: Calculation of Price Adjustment - The new maximum repurchase price is calculated as follows: (previous maximum price - cash dividend) + (new share price × change in circulating shares) ÷ (1 + change in circulating shares) [3]. - The cash dividend per share is approximately RMB 0.0295, leading to the adjusted maximum repurchase price of RMB 9.98 per share [3]. Group 4: Other Matters - Other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations during the repurchase period [4].