SIE(SZ:300687) Zheng Quan Zhi Xing·2025-07-24 16:33Core Viewpoint - The company has approved a share repurchase plan to enhance shareholder value and confidence in its future development, with a total repurchase amount between RMB 50 million and RMB 100 million, and a maximum repurchase price of RMB 44.70 per share [1][2][3]. Summary by Sections Share Repurchase Plan - The company plans to repurchase shares using its own funds through centralized bidding, aimed at implementing employee stock ownership plans and reducing registered capital [1]. - The initial maximum repurchase price was set at RMB 20.70 per share, later adjusted to RMB 20.63, and finally increased to RMB 44.70 due to the company's strategic considerations and confidence in future growth [2]. Implementation Status - As of July 24, 2025, the company has completed the share repurchase, acquiring a total of 2,964,350 shares, which represents 0.72% of the total share capital, with the highest transaction price recorded [3]. - The actual repurchase amount met the lower limit of the planned repurchase fund total and did not exceed the upper limit, complying with the approved repurchase plan and relevant regulations [3]. Impact on the Company - The share repurchase is not expected to significantly impact the company's operations, profitability, financial status, research and development, or debt obligations, nor will it alter the control of the company or its listing status [4]. - The repurchase reflects management's confidence in the company's intrinsic value and future sustainability, benefiting all shareholders [4]. Compliance and Future Arrangements - The company confirmed that there were no changes in shareholdings by directors, supervisors, senior management, or actual controllers during the repurchase period [5]. - The repurchased shares will be held in a special account and will not enjoy voting rights or profit distribution during the holding period. The company will disclose information regarding the implementation of stock ownership plans and the cancellation of shares as per regulations [6].