CVTE(SZ:002841) Zheng Quan Zhi Xing·2025-07-25 16:37Core Viewpoint - The company, Guangzhou Shiyuan Electronic Technology Co., Ltd., has completed its share repurchase plan, acquiring a total of 5,066,984 shares, which represents 0.73% of its total share capital, with a total expenditure of approximately RMB 150.07 million [1][2]. Share Repurchase Plan - The company approved a share repurchase plan with a total fund of no less than RMB 100 million and no more than RMB 200 million, with a maximum repurchase price of RMB 43.65 per share [1]. - The repurchase was conducted from July 29, 2024, to September 24, 2024, and the average transaction price was RMB 28.82 per share [2][3]. Implementation Details - The company repurchased 395,800 shares for a total amount of RMB 11.41 million, which is 0.057% of the total share capital, during the initial phase of the repurchase [1]. - The highest transaction price during the repurchase was RMB 30.40 per share, while the lowest was RMB 28.48 per share [2]. Impact on the Company - The share repurchase will not significantly affect the company's operations, finances, research and development, debt obligations, or future development [3]. - The company's control and listing status remain unchanged, and the shareholding structure continues to meet listing requirements [3]. Compliance and Regulations - The repurchase was conducted in accordance with relevant regulations, and no shares were repurchased during periods that could significantly impact the stock price [4]. - The company has adhered to the rules set forth by the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding share repurchases [4]. Future Arrangements - Of the repurchased shares, 2,503,340 shares will be transferred to the employee stock ownership plan account, while the remaining 2,563,644 shares will be held in the repurchase account and may be used for future employee incentive plans [5]. - If the remaining shares are not transferred within the stipulated legal timeframe, they will be canceled in accordance with the law [5].