OCT(SZ:000069) Shang Hai Zheng Quan Bao·2025-07-14 19:15Core Viewpoint - The company, Shenzhen Overseas Chinese Town Co., Ltd., is forecasting a significant decline in net profit for the first half of 2025, with expectations of a negative net profit compared to the previous year, indicating a substantial increase in losses due to decreased project revenue and gross margin [1][3]. Financial Performance Summary - The performance forecast period is from January 1, 2025, to June 30, 2025 [1]. - The expected net profit is projected to be negative, with a year-on-year increase in losses ranging from 117.77% to 174.58% [3]. Shareholder Actions - The controlling shareholder, Overseas Chinese Town Group Co., Ltd., plans to increase its stake in the company by investing between 1.11 billion RMB and 2.20 billion RMB within six months from the announcement date [5][9]. - The group currently holds 3,920,562,506 shares, representing 48.78% of the company's total issued share capital [7]. Implementation Details of Share Buyback - The share buyback will be executed through centralized bidding or block trading on the Shenzhen Stock Exchange [9]. - There is no set price range for the buyback; the group will determine the timing based on the stock's value and market conditions [10]. - The funding for the buyback will come from the group's own or raised funds [11]. Regulatory Compliance - The buyback plan complies with relevant laws and regulations, ensuring it will not affect the company's listing status or control [15].