CNANO(SH:688116) Zheng Quan Zhi Xing·2025-07-08 08:07Summary of Key Points Core Viewpoint - The company, Jiangsu Tiannai Technology Co., Ltd., has announced a share repurchase plan to enhance shareholder value and implement employee stock ownership plans or equity incentives [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was first disclosed on January 11, 2025, with an implementation period from January 10, 2025, to January 9, 2026 [1]. - The expected repurchase amount ranges from 50 million yuan to 100 million yuan [1]. - The repurchased shares will not be used to reduce registered capital but will be allocated for employee stock ownership plans or equity incentives [1]. Group 2: Repurchase Details - The company has already repurchased 400,000 shares, which accounts for 0.11% of the total share capital [1][2]. - The total amount spent on the repurchase so far is 17.4762 million yuan, with the actual repurchase price ranging from 43.46 yuan to 43.85 yuan per share [1][2]. - The maximum repurchase price was adjusted from 63.47 yuan to 63.32 yuan per share due to the implementation of the 2024 annual equity distribution [2]. Group 3: Compliance and Future Actions - The company will adhere to relevant regulations and guidelines during the repurchase process and will make decisions based on market conditions [2]. - The company commits to timely information disclosure regarding the progress of the share repurchase [2].