TYHI(SH:600169) Zheng Quan Zhi Xing·2025-07-25 16:37Core Viewpoint - The announcement details a share buyback plan by Taiyuan Heavy Industry Co., Ltd.'s controlling shareholder, Taiyuan Heavy Machinery Group Co., Ltd., reflecting confidence in the company's future development and value recognition [1][2]. Group 1: Basic Information of the Buyback Entity - The buyback entity is Taiyuan Heavy Machinery Group Co., Ltd., which holds 1,678,540,625 shares, accounting for 50.15% of the total share capital of Taiyuan Heavy Industry [1][2]. - The buyback plan is set to occur within 12 months from the date of the announcement, utilizing the Shanghai Stock Exchange's trading system for centralized bidding [1][3]. Group 2: Details of the Buyback Plan - The planned investment amount for the buyback ranges from 80 million to 160 million yuan, with the exact number of shares to be bought back depending on actual trading conditions [1][2]. - There is no set price range for the buyback; the timing will depend on the stock price fluctuations and overall market trends [3]. - The funding for the buyback will come from self-owned or other legal sources, and the buyback entity commits not to reduce its holdings during the implementation period [3][4]. Group 3: Regulatory Compliance and Impact - The buyback plan will not affect the company's listing status or lead to changes in the controlling shareholder or actual controller [4]. - The company will adhere to relevant regulations, including the Company Law of the People's Republic of China and the Securities Law, ensuring timely disclosure of the buyback plan's progress [3][4].