EMT(SH:601208) Zheng Quan Zhi Xing·2025-08-07 10:14Core Viewpoint - Sichuan Dongcai Technology Group Co., Ltd. plans to change the purpose of repurchased shares from "for implementing the equity incentive plan" to "for cancellation and corresponding reduction of registered capital" [1][4] Group 1: Share Repurchase Details - The company intends to cancel a total of 7,934,891 shares, which represents 0.88% of the current total share capital [1][2] - The repurchase was conducted with a total expenditure of 69,992,758.87 yuan, with a maximum transaction price of 10.46 yuan per share and a minimum of 6.63 yuan per share [2][5] - The repurchase plan was approved on January 25, 2024, with a budget of between 50 million yuan and 100 million yuan [1][2] Group 2: Reasons for Change in Share Purpose - The change in the purpose of repurchased shares is based on the company's actual operating conditions and development strategy, aiming to enhance shareholder value and investor confidence [2][5][6] Group 3: Impact on Share Capital Structure - After the cancellation of shares, the total share capital will decrease from 906,095,728 shares to 898,160,837 shares [4][5] - The number of unrestricted shares will be reduced by the same amount as the canceled shares, with no impact on the company's control or listing status [5][6] Group 4: Decision-Making Process - The board of directors approved the proposal on August 7, 2025, which will require shareholder meeting approval to implement [5][6]