新中港: 关于以集中竞价交易方式回购公司股份的回购报告书

Core Viewpoint - Zhejiang Xinhong Port Thermal Power Co., Ltd. plans to repurchase a portion of its shares to enhance employee motivation and align interests between shareholders and employees [1][4] Summary by Relevant Sections Repurchase Plan Overview - Total amount for share repurchase: not less than RMB 40 million and not exceeding RMB 80 million [1][6] - Source of funds: company’s own funds [1][6] - Purpose of repurchase: for employee stock ownership plans or equity incentives [1][4] - Maximum repurchase price: not exceeding RMB 11.38 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1][6] - Method of repurchase: through centralized bidding [1][4] - Duration of repurchase: within 12 months from the board's approval [1][4] Share Repurchase Details - Estimated number of shares to be repurchased: between 3.5149 million and 7.0299 million shares, accounting for 0.88% to 1.76% of total share capital [4][7] - The repurchase will not affect the company's operational capabilities or financial stability significantly [8] Financial Impact Analysis - As of March 31, 2025, total assets were RMB 1.856 billion, and net assets attributable to shareholders were RMB 1.334 billion [8] - The maximum repurchase amount of RMB 80 million represents 4.31% of total assets and 6.00% of net assets [8] - The company's debt-to-asset ratio was 28.03%, indicating that the repurchase will not significantly impact its debt repayment ability [8] Governance and Compliance - The board approved the repurchase plan with unanimous consent, and it does not require shareholder meeting approval [2][3] - No plans for share reduction by major shareholders or executives in the next three to six months [1][9] - The company has established a dedicated securities account for the repurchase [12]