Core Viewpoint - The company plans to repurchase its shares using its own funds and a special loan from a bank, with a total budget between RMB 20 million and RMB 40 million, aiming to enhance shareholder value and stabilize stock prices [1][2][3] Summary by Sections Share Repurchase Plan - The company intends to repurchase shares at a price not exceeding RMB 50.00 per share, with an estimated repurchase quantity ranging from 400,000 to 800,000 shares, representing approximately 0.29% to 0.59% of the total share capital [1] - The implementation period for the share repurchase is set for 12 months from the board's approval date [1] Implementation Status - As of the announcement date, the company has completed its share repurchase plan, having repurchased a total of 543,500 shares for a total amount of RMB 20,046,351, which exceeds the lower limit of the planned repurchase funds [3] - The repurchase was conducted through a special securities account via centralized bidding [2][3] Compliance and Impact - The repurchase plan complies with relevant regulations and does not significantly impact the company's financial status, operations, or future development [3] - The company confirms that there were no stock trading activities by its directors, senior management, or major shareholders during the repurchase period [4] Future Arrangements for Repurchased Shares - The repurchased shares will be held in a special account and will not have voting rights or profit distribution rights during the holding period [7] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentive plans, with a commitment to disclose any relevant actions within 36 months [7]
鑫宏业: 关于回购股份实施完成的公告