SRBC(SH:600039) Zheng Quan Zhi Xing·2025-07-02 16:24Core Viewpoint - Sichuan Road and Bridge Construction Group Co., Ltd. has announced a reduction in the maximum repurchase price of its shares following the implementation of the 2024 annual profit distribution plan, adjusting from RMB 12.54 per share to RMB 12.16 per share, effective from July 11, 2025 [1][2][3]. Summary by Sections 1. Basic Information on Share Repurchase Plan - The company approved a share repurchase plan on April 29, 2025, allowing for a total repurchase fund of no less than RMB 100 million and no more than RMB 200 million within 12 months [1]. 2. Reason for Adjusting the Maximum Repurchase Price - The adjustment is due to the approval of a cash dividend of RMB 0.377 per share at the 2024 annual shareholders' meeting, with the record date on July 10, 2025, and the ex-dividend date on July 11, 2025 [2]. 3. Details of the Price Adjustment - The new maximum repurchase price is calculated as follows: (12.54 - 0.377) / (1 + 0) = approximately RMB 12.16 per share. The company expects to repurchase approximately 8,223,684 shares, representing about 0.09% of the total share capital, based on the minimum repurchase fund [3]. 4. Other Matters - Other aspects of the share repurchase plan remain unchanged, and the company will comply with relevant regulations and disclose progress in a timely manner [4].