HYC(SH:688001) Zheng Quan Zhi Xing·2025-07-01 16:30Core Viewpoint - The company has initiated a share repurchase program with a total expected amount between RMB 40 million and RMB 80 million, aimed at employee stock ownership plans or equity incentives [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was first disclosed on November 15, 2024, and is set to be implemented from November 14, 2024, to November 13, 2025 [1]. - The total amount for the repurchase was adjusted from a minimum of RMB 25 million to a minimum of RMB 40 million, and from a maximum of RMB 50 million to a maximum of RMB 80 million [2]. - The repurchased shares will be used for employee stock ownership plans or equity incentives, rather than reducing registered capital [1]. Group 2: Progress of Share Repurchase - As of June 30, 2025, the company has repurchased a total of 1,210,715 shares, which represents 0.2718% of the total share capital of 445,377,843 shares [2][3]. - The total amount spent on the repurchase is RMB 33,509,939.85, with the highest purchase price being RMB 34.78 per share and the lowest being RMB 22.66 per share [3]. Group 3: Compliance and Future Actions - The company will adhere to relevant laws and regulations regarding share repurchase and will disclose progress on a monthly basis [3]. - The company emphasizes that it will make repurchase decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [3].