SGC(SH:603269) Zheng Quan Zhi Xing·2025-08-01 16:13Core Viewpoint - Jiangsu Seagull Cooling Tower Co., Ltd. has announced the progress of its share repurchase plan, which aims to enhance employee stock ownership and equity incentives while maintaining shareholder value [1][2][3] Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on April 29, 2025, and approved by the board on April 27, 2025 [1] - The implementation period for the repurchase is from April 28, 2025, to April 24, 2026 [1] - The expected repurchase amount ranges from RMB 60 million to RMB 120 million [1] - The repurchased shares will be used for employee stock ownership plans or equity incentives [1] Progress of Share Repurchase - As of the end of July 2025, the company has repurchased a total of 602,400 shares, representing 0.1951% of the total share capital [2] - The total amount spent on the repurchase is RMB 6,001,492, with a maximum transaction price of RMB 10.00 per share and a minimum of RMB 9.92 per share [2] Compliance and Future Actions - The company will adhere to relevant laws and regulations regarding share repurchase and will make decisions based on market conditions during the repurchase period [3] - The company commits to timely information disclosure regarding the progress of the share repurchase [3]