芯原股份: 关于以集中竞价交易方式回购股份的预案

Core Viewpoint - Company plans to repurchase shares with a total amount between RMB 23 million and RMB 30 million, using its own funds for employee stock ownership plans or equity incentives [1][4][7] Summary by Sections Repurchase Plan Details - The repurchase price will not exceed RMB 120 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1][4][5] - The repurchase will be conducted through the Shanghai Stock Exchange's centralized bidding system [4][5] - The implementation period for the repurchase is set for 12 months from the board's approval date [1][4][5] Shareholder Actions - As of the announcement date, there have been no share transactions by directors, supervisors, or senior management in the past six months [2] - Major shareholders holding over 5% may have plans to reduce their holdings in the next three to six months, and any such actions will comply with relevant regulations [2][9] Financial Impact - The total assets of the company are RMB 4.382 billion, with net assets of RMB 1.922 billion and current assets of RMB 2.447 billion [8] - The repurchase amount, at the upper limit of RMB 30 million, represents 0.68% of total assets, 1.56% of net assets, and 1.23% of current assets [8] - The company's debt ratio is 56.15%, and the repurchase will not significantly impact its debt repayment ability [8] Share Structure Changes - The repurchase is expected to involve between 191,700 to 250,000 shares, accounting for approximately 0.0365% to 0.0476% of the total share capital [4][7] - The repurchase shares will be used for employee stock ownership plans or equity incentives, and if not transferred within three years, the company will reduce its registered capital accordingly [10][11] Authorization and Compliance - The board has authorized management to handle the specifics of the repurchase, including timing, pricing, and necessary documentation [10][11] - The company will adhere to all relevant laws and regulations throughout the repurchase process [11]