WTECL(SH:600157) Zheng Quan Zhi Xing·2025-07-01 16:17Core Viewpoint - The company, Yongtai Energy Group Co., Ltd., has announced the cancellation of 400,000,000 repurchased shares, which represents 1.80% of the total shares before cancellation, aimed at enhancing earnings per share and increasing shareholder returns [1][2]. Summary of Related Sections Share Repurchase Details - The company completed the repurchase of 400,000,000 shares on June 23, 2025, with a total expenditure of 500,992,812.08 yuan, and the share prices ranged from a maximum of 1.71 yuan to a minimum of 1.02 yuan per share [2]. - The repurchased shares will be entirely used for cancellation to reduce registered capital [2]. Cancellation Arrangement - The cancellation of the repurchased shares is scheduled for July 2, 2025, at the China Securities Depository and Clearing Corporation Limited, Shanghai Branch [2]. Share Capital Changes - Before cancellation, the total number of shares was 22,217,764,145, and after cancellation, it will be reduced to 21,817,764,145 shares [3]. - The repurchased shares accounted for 1.80% of the total shares before cancellation [3]. Impact of Share Cancellation - The cancellation aligns with relevant regulations and is expected to enhance earnings per share, improve shareholder returns, and boost investor confidence without significantly affecting the company's operations or financial status [3].