Hopechart(SH:688288) Zheng Quan Zhi Xing·2025-07-21 16:26Core Viewpoint - The company intends to change the purpose of its repurchased shares from employee stock ownership plans and maintaining shareholder value to cancellation of shares to reduce registered capital [1][7]. Group 1: Share Repurchase Details - The company plans to change the use of 1,230,216 repurchased shares, which represents 1.2175% of the current total share capital [1][7]. - The total share capital will decrease from 101,043,920 shares to 99,813,704 shares after the cancellation [6][7]. - The repurchased shares were initially intended for employee stock ownership plans and maintaining shareholder value, with a maximum repurchase price of RMB 28.00 per share and a total repurchase fund between RMB 20 million and RMB 40 million [2][3]. Group 2: Rationale and Impact - The decision to change the purpose of the repurchased shares is aimed at enhancing investor returns and confidence, thereby increasing the company's long-term investment value [3][7]. - The cancellation of shares is expected to increase earnings per share and improve shareholder returns without adversely affecting the company's financial condition or debt servicing ability [7][8]. - The company asserts that this change complies with relevant regulations and will not harm the interests of shareholders, particularly minority shareholders [7][8]. Group 3: Decision-Making Process - The board of directors approved the proposal during the meetings held on July 21, 2025, and it will be submitted for shareholder approval [8].