SENSTEED(SZ:000981) Zheng Quan Zhi Xing·2025-07-25 16:37Core Viewpoint - The company plans to repurchase shares with a budget of 600 million to 1 billion RMB, with a maximum repurchase price set at 1.60 RMB per share, later adjusted to 3.35 RMB per share [1][2]. Summary by Sections Share Repurchase Plan - The company intends to repurchase shares within a budget of 600 million to 1 billion RMB, with an initial price cap of 1.60 RMB per share [1]. - The price cap was later adjusted to 3.35 RMB per share, while other aspects of the repurchase plan remained unchanged [1]. Implementation Timeline - The share repurchase period has been extended by six months, now running from July 25, 2024, to July 24, 2025 [2]. - As of July 24, 2025, the repurchase plan had not been fully executed [2]. Repurchase Execution - The company has repurchased 300,000 shares, accounting for approximately 0.0030% of the total share capital, with a total transaction amount of 659,000 RMB [3]. - A total of 4,833,100 shares were repurchased between January 6, 2025, and June 30, 2025, with the total transaction amount not specified [3]. Impact on Company Structure - The share repurchase will not alter the company's control structure or affect its listing status [4]. - The repurchase has not significantly impacted the company's financials, operations, or debt obligations [4]. Shareholding Changes - Prior to the repurchase, the company had 9,997,470,888 shares, which will remain unchanged post-repurchase [6]. - The repurchased shares will be used for employee stock ownership plans or equity incentive plans, and if not utilized within three years, they will be canceled [6][7].