INVT(SZ:002334) Zheng Quan Zhi Xing·2025-07-07 16:13Core Viewpoint - Shenzhen Invt Electric Co., Ltd. announced a share repurchase plan aimed at implementing equity incentives or employee stock ownership plans, with a total repurchase fund of no less than RMB 60 million and no more than RMB 100 million, at a maximum price of RMB 8 per share [1] Summary by Sections Share Repurchase Plan - The company plans to repurchase shares using its own funds through centralized bidding on the Shenzhen Stock Exchange, with a total fund of RMB 60 million to RMB 100 million [1] - The repurchase price was adjusted from RMB 8 per share to RMB 7.94 per share due to the implementation of the 2023 annual equity distribution [2] - The maximum repurchase price was later increased to RMB 13.80 per share and the implementation period was extended by 9 months [2] Implementation Status - As of July 4, 2025, the company had repurchased 9,894,300 shares, accounting for 1.22% of the total share capital, with a total transaction amount of RMB 62,014,923 [3] - The repurchase was conducted at a minimum price of RMB 5.38 per share and a maximum price of RMB 7.92 per share [3] Compliance and Impact - The repurchase plan complies with relevant regulations and will not significantly impact the company's financial, operational, or debt repayment capabilities [4] - The repurchased shares will be used for equity incentive plans or employee stock ownership plans, and if not transferred within three years, the untransferred shares will be canceled [6] Future Arrangements - The repurchased shares will be stored in a dedicated securities account and will not enjoy voting rights or profit distribution during the holding period [7] - The board will make timely disclosures regarding any changes based on company development and market conditions [7]