Actions(SH:688049) Shang Hai Zheng Quan Bao·2025-07-31 19:16Group 1 - The company approved a share repurchase plan using excess funds, with a total amount between RMB 22.5 million and RMB 45 million, and a maximum repurchase price of RMB 30.00 per share [2][10] - The maximum repurchase price was later adjusted from RMB 30.00 to RMB 53.00 per share [3][11] - Following the implementation of the 2024 annual profit distribution and capital reserve conversion, the maximum repurchase price was further adjusted to RMB 44.02 per share, effective from August 7, 2025 [6][7][11] Group 2 - The company plans to distribute a cash dividend of RMB 2.30 per 10 shares and convert 2 shares for every 10 shares held, with the cash dividend amounting to approximately RMB 33.39 million [4][19] - The total share capital after the conversion will increase to 175,167,650 shares [19][29] - The adjusted maximum repurchase price calculation considers the cash dividend and the change in circulating shares [7][20] Group 3 - As of July 31, 2025, the company had repurchased 588,036 shares, accounting for 0.402% of the total share capital, with a total expenditure of approximately RMB 23.14 million [12] - The highest repurchase price recorded was RMB 49.76 per share, while the lowest was RMB 34.78 per share [12] - The company will continue to comply with relevant regulations during the repurchase period and will disclose progress regularly [8][13]