JUNEYAOAIR(SH:603885) Zheng Quan Zhi Xing·2025-08-01 16:10Core Viewpoint - The company is actively repurchasing its shares through a centralized bidding process, with a total expected repurchase amount between RMB 250 million and RMB 500 million, primarily for employee stock ownership plans or equity incentives [1][2][3]. Summary by Sections Share Repurchase Plan - The share repurchase plan was first disclosed on February 6, 2025, with an implementation period from January 27, 2025, to January 26, 2026 [1]. - The total expected repurchase amount is between RMB 250 million and RMB 500 million, with a maximum repurchase price of RMB 15.80 per share [1]. Progress of Share Repurchase - As of July 31, 2025, the company has repurchased a total of 30,767,686 shares, accounting for 1.41% of the total share capital [1][4]. - The total amount paid for the repurchased shares is RMB 391,261,887.53, with a price range of RMB 11.93 to RMB 13.46 per share [1][4]. - The highest purchase price recorded was RMB 12.88 per share, and the lowest was RMB 12.19 per share, with a total payment of RMB 53,042,104 (excluding transaction fees) [3]. Changes in Repurchase Plan - On April 18, 2025, the company decided to change the purpose of 15 million shares from employee stock ownership plans to cancellation and reduction of registered capital, which was executed on July 1, 2025 [2]. - The maximum repurchase price was adjusted from RMB 15.80 to RMB 15.7017 per share starting June 4, 2025, while other aspects of the repurchase plan remained unchanged [3]. Compliance and Disclosure - The company is committed to adhering to relevant regulations regarding share repurchase and will disclose progress on a monthly basis [5].