Group 1 - The company announced the completion of the business deregistration of Wuhu Xinzhi Fund, which was established to invest in its subsidiary, Guangdong Shanying [2][4] - Wuhu Xinzhi Fund contributed a total of RMB 500 million to Guangdong Shanying, resulting in a 25.0576% equity stake before the investment was fully recovered [2] - Following the completion of the investment and subsequent deregistration, Guangdong Shanying has reverted from a subsidiary to a wholly-owned subsidiary of the company [2][4] Group 2 - The company approved a share repurchase plan with a total fund of no less than RMB 500 million and no more than RMB 1 billion, with a maximum repurchase price of RMB 2.50 per share [8] - As of July 29, 2025, the company has repurchased 60,614,500 shares, accounting for 1.11% of the total share capital, with a total expenditure of RMB 117,188,020 [10] - The company has secured a special loan commitment of up to RMB 300 million from a financial institution to support the share repurchase [9]
山鹰国际控股股份公司关于芜湖信智基金完成工商注销登记的公告