Core Viewpoint - Zhejiang Wan'an Technology Co., Ltd. has decided to terminate its share repurchase plan after reaching the minimum funding limit of RMB 20 million, with the total repurchased amount being RMB 20.38 million [1][2][3] Summary by Sections 1. Basic Information on Share Repurchase - The company approved a share repurchase plan on April 18, 2025, with a budget between RMB 20 million and RMB 40 million, aiming to repurchase A-shares at a price not exceeding RMB 20.00 per share [1][2] 2. Implementation Status of Share Repurchase - The company repurchased a total of 1,600,000 shares, accounting for 0.31% of the total share capital, with a maximum price of RMB 13.55 per share and a minimum price of RMB 12.00 per share, totaling RMB 20,384,721 (excluding transaction fees) [2][3] 3. Reasons and Decision Process for Termination - The board decided to terminate the share repurchase plan as the repurchased shares were sufficient for the intended employee stock ownership plan, and the decision was made in accordance with the company's established guidelines [3] 4. Impact of Termination on the Company - The termination of the share repurchase will not significantly affect the company's operations, finances, research and development, debt obligations, or future development [3][4] 5. Compliance of Share Repurchase Implementation - The share repurchase adhered to the regulations and guidelines, with no transactions occurring during restricted periods, ensuring compliance with the repurchase plan [4] 6. Future Arrangements for Repurchased Shares - The repurchased shares will be held in a special securities account and will not enjoy shareholder rights until utilized for the intended purposes within 36 months; otherwise, unutilized shares will be canceled [4]
万安科技: 关于终止回购公司股份暨回购完成的公告