LZRJ(SH:688588) Zheng Quan Zhi Xing·2025-07-09 08:13Core Viewpoint - The company, Suzhou Industrial Park Lingzhi Software Co., Ltd., has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, lowering it from RMB 21 per share to RMB 20.8 per share [1][4]. Summary by Sections Share Repurchase Basic Information - The company plans to repurchase its issued A-shares using its own funds through centralized bidding, with a total repurchase fund between RMB 30 million and RMB 50 million, and a repurchase price not exceeding RMB 9.6 per share [1]. - The repurchase period is set for 12 months from the board's approval date [1]. Reason for Adjusting the Repurchase Price Cap - The adjustment is based on the company's 2024 annual profit distribution plan, which includes a cash dividend of RMB 2 per 10 shares (tax included) to all shareholders, with no capital reserve conversion or stock dividends [2][3]. - The cash dividend per share is calculated to be approximately RMB 0.1931 based on the total share capital [3]. Details of the Price Cap Adjustment - The new maximum repurchase price is calculated as follows: (previous price cap - cash dividend) + (new share price × change in circulating shares) / (1 + change in circulating shares), resulting in a new cap of RMB 20.8 per share [3][4]. - The circulating shares remain unchanged, leading to a change ratio of 0 [3]. Other Matters - Other aspects of the second phase of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations and guidelines during the repurchase process [5].