AXNMC(SH:600255) Zheng Quan Zhi Xing·2025-07-11 16:13Core Viewpoint - The announcement details the progress of the share buyback plan initiated by the controlling shareholder, Sichuan Rongxin Hongzi Technology Co., Ltd., which aims to increase its stake in Anhui Xinke New Materials Co., Ltd. within a specified timeframe and budget [1][2]. Group 1: Buyback Plan Overview - The buyback plan was first disclosed on April 11, 2025, with a timeframe of six months for implementation [1][2]. - Sichuan Rongxin plans to invest between 50 million yuan and 100 million yuan in the buyback, utilizing the Shanghai Stock Exchange's centralized bidding system [1][2]. Group 2: Progress of the Buyback Plan - As of the date of the announcement, over half of the buyback period has elapsed, and Sichuan Rongxin has secured 50 million yuan for the buyback, including a specialized loan of 45 million yuan from Bank of China [2][3]. - No shares have been purchased yet due to significant fluctuations in the company's stock price, with plans for incremental purchases in the future [2][3].