Zheng Quan Zhi Xing·2025-07-02 16:24Group 1 - The company has approved a plan to repurchase A-shares through a centralized bidding process, with the proposal passed in multiple meetings [1][2] - The total amount allocated for the repurchase is between RMB 300 million and RMB 500 million, with a maximum repurchase price set at RMB 13.28 per share [2] - The estimated total number of shares to be repurchased ranges from approximately 22.59 million shares (0.53% of total shares) to 37.65 million shares (0.89% of total shares) [2] Group 2 - The company has also received authorization to repurchase H-shares, with the total number of shares to be repurchased not exceeding 10% of the total issued H-shares [3] - The repurchase price for H-shares cannot exceed 105% of the average closing price over the previous five trading days [3] - As of June 30, 2025, the company has not yet repurchased any H-shares [4]