罕见！这家A股公司回购注销后，不具备上市条件！还好…

Core Viewpoint - The company has announced a share buyback and subsequent capital increase plan to meet listing requirements after a recent share cancellation that reduced its total share capital below the necessary threshold for public listing [1][4]. Group 1: Share Buyback Details - The company plans to repurchase shares worth between RMB 120 million and RMB 240 million, with a maximum buyback price of RMB 39 per share [2]. - The estimated number of shares to be repurchased ranges from approximately 307,690 shares (0.77% of total shares) to 615,380 shares (1.54% of total shares) based on the maximum buyback amount [2]. - As of July 18, 2025, the company has repurchased a total of 426,600 shares, representing 1.07% of the total share capital, with an average transaction price of RMB 28.57 per share [3]. Group 2: Share Capital Changes - Following the share buyback, the company's total share capital fell below 400 million shares, resulting in a public shareholding ratio of 19.11%, which does not meet listing conditions [1][4]. - The board has approved a capital reserve transfer plan, proposing to increase the share capital by 10% (1 share for every 10 shares held), which will raise the total share capital to 435 million shares [5]. - The capital increase plan is subject to approval at the upcoming shareholder meeting scheduled for August 13, 2025 [4][5].