TAIJI GROUP(SH:600129) Zheng Quan Zhi Xing·2025-07-16 16:24Core Viewpoint - The company plans to repurchase shares through a centralized bidding process, with a total amount between 80 million yuan and 120 million yuan, aimed at reducing registered capital and enhancing shareholder value [1][4][10]. Summary by Relevant Sections Repurchase Plan Details - The repurchase amount is set between 80 million yuan (inclusive) and 120 million yuan (inclusive) [1][4]. - The funding source for the repurchase will be the company's own funds or self-raised funds [1][4]. - The maximum repurchase price is capped at 28.03 yuan per share, which is not higher than 130% of the average trading price over the previous 30 trading days [1][7]. - The shares repurchased will be fully canceled to reduce the company's registered capital [1][4][8]. - The repurchase will occur within 12 months from the date the shareholders' meeting approves the plan [1][3]. Shareholder and Management Plans - As of the board resolution date, there are no plans for share reduction by directors, supervisors, major shareholders, or actual controllers in the next 3 to 6 months [2][9]. - The company will ensure compliance with legal disclosure obligations if any share reduction plans arise in the future [2][9]. Implementation Procedures - The board of directors approved the repurchase plan on July 16, 2025, and it will be submitted for shareholder approval [3][4]. - The company will notify creditors and obtain their consent after the shareholders' meeting approves the repurchase plan [3][10]. Financial Impact Analysis - As of December 31, 2024, the company's total assets were 14.058 billion yuan, with current assets at 6.704 billion yuan and net assets attributable to shareholders at 3.492 billion yuan [8]. - The estimated funds required for the repurchase (at the upper limit of 120 million yuan) represent 0.85% of total assets, 1.79% of current assets, and 3.44% of net assets [8]. - The repurchase is not expected to adversely affect the company's daily operations, financial status, or future development [8][11]. Share Structure Changes - The total share capital before the repurchase is 556,890,744 shares, with the repurchase potentially reducing this by approximately 2,854,085 to 4,281,127 shares, representing 0.51% to 0.77% of the total share capital [4][5][6]. - The repurchase will not affect the company's listing status or control structure [8][11]. Authorization for Implementation - The board of directors will seek authorization from the shareholders' meeting to manage the repurchase process, including necessary adjustments to the plan [10].