SPM(SH:601900) Zheng Quan Zhi Xing·2025-07-14 16:25Group 1 - The company has decided to change the purpose of repurchased shares to "cancel and reduce registered capital" and will cancel 13,906,472 shares [1][2][3] - Following the cancellation, the total share capital will decrease from 895,876,566 shares to 881,970,094 shares, representing a reduction of 1.55% of the total share capital [1][3] - The cancellation process is expected to be completed by July 15, 2025, and the company will follow legal procedures for necessary regulatory approvals [2][3] Group 2 - The decision to cancel shares aims to enhance shareholder value, increase net assets per share, and boost investor confidence [2][3] - The company has complied with legal requirements for notifying creditors regarding the share cancellation, and no objections were raised by creditors [2][3] - The cancellation of shares will not affect the company's debt repayment ability, ongoing operations, or future development, nor will it harm the interests of shareholders, especially minority shareholders [3]