SJI(SZ:000975) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-01 23:11Core Viewpoint - The company has approved a share repurchase plan, intending to buy back shares using its own funds and special loans, with a total amount between RMB 100 million and RMB 200 million, and a maximum repurchase price of RMB 29.70 per share [1]. Group 1: Share Repurchase Plan - The company held meetings on April 29 and May 15, 2025, to approve the share repurchase plan [1]. - The repurchase will involve the buyback of A-shares, which will be canceled and will reduce the company's registered capital [1]. - The repurchase period is set for 12 months from the date of the shareholders' meeting approval [1]. Group 2: Repurchase Progress - As of July 31, 2025, the company has repurchased a total of 1,558,129 shares, representing 0.06% of the total share capital [2]. - The highest transaction price during the repurchase was RMB 19.45 per share, while the lowest was RMB 17.85 per share, with a total transaction amount of RMB 29,094,184.43 (excluding transaction fees) [2]. - The funds for the repurchase are sourced from the company's own funds and special loans, adhering to the established price cap of RMB 29.70 per share [2]. Group 3: Compliance and Regulations - The company is following the relevant regulations for share repurchase, including not repurchasing shares during significant events that could impact stock prices [3]. - The company ensures that the repurchase transactions comply with trading price limits and other regulatory requirements [3]. - Future repurchase actions will be based on market conditions, and the company will fulfill its information disclosure obligations as required [3].