USISH(SH:601231) Sou Hu Cai Jing·2025-07-05 19:13Company Overview - As of July 4, 2025, Huanxu Electronics (601231) closed at 14.5 yuan, a slight increase of 0.07% from the previous week [1] - The company's current market capitalization is 31.846 billion yuan, ranking 10th out of 88 in the consumer electronics sector and 468th out of 5149 in the A-share market [1] Recent Developments - The sixth board of directors held its nineteenth meeting, passing three resolutions: the proposed sale of a controlling subsidiary's land, the renewal of a housing lease agreement, and the revision of the group's tax policy, all with unanimous support [1][3] - In the second quarter of 2025, 179,000 yuan of "Huanxu Convertible Bonds" were converted into 9,236 shares, representing 0.0004% of the company's total issued shares prior to conversion [1][3] - As of June 2025, the company has repurchased a total of 257,400 shares at a cost of 3,630,573 yuan, with a repurchase price range between 13.96 and 14.55 yuan per share [2][3] Share Buyback Plan - The company approved a share buyback plan on April 25, 2025, with a total budget of no less than 150 million yuan and no more than 300 million yuan, set to run from April 25, 2025, to April 24, 2026 [2] - Following the annual equity distribution for 2024, the maximum repurchase price was adjusted to 19.77 yuan per share starting June 6, 2025 [2]