InHand Networks(SH:688080) Zheng Quan Zhi Xing·2025-07-06 16:14Core Viewpoint - The company has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, reducing the limit from RMB 65.04 per share to RMB 64.84 per share, effective from July 11, 2025 [1][2][3] Summary of Key Points Share Repurchase Basic Information - The company plans to repurchase shares through centralized bidding, with a minimum repurchase amount of RMB 38 per share and a repurchase period not exceeding 12 months from the approval date by the shareholders' meeting [1][2] Reason for Adjusting Share Repurchase Price Limit - The adjustment is based on the company's 2024 annual profit distribution plan, which proposes a cash dividend of RMB 2.0 per 10 shares (including tax) to all shareholders, with no other forms of distribution such as capital reserve transfers or stock dividends [2][3] Details of the Price Adjustment Calculation - The adjusted maximum repurchase price is calculated as follows: - Adjusted price = (Previous price limit - Cash dividend) + (New share price × Change in circulating shares) / (1 + Change in circulating shares) - Since the company is only distributing cash dividends and not changing the circulating shares, the change in circulating shares is 0, leading to the adjusted price of RMB 64.84 per share [3][4] Repurchase Quantity and Proportion - After the adjustment, the estimated repurchase quantity is between approximately 526,300 to 1,052,600 shares, representing about 0.42% to 0.84% of the company's total share capital [5] Other Matters - Aside from the price adjustment, all other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations and guidelines during the repurchase process [5]