Worldia(SH:688028) Shang Hai Zheng Quan Bao·2025-08-11 19:09Core Viewpoint - Beijing World Diamond Tools Co., Ltd. has successfully completed a share repurchase program, utilizing its own funds to buy back shares for the purpose of reducing registered capital, with a total repurchase amount reaching approximately RMB 19.55 million [4][6]. Group 1: Share Repurchase Approval and Plan - The company approved a share repurchase plan on August 14, 2024, allowing for a total repurchase amount between RMB 10 million and RMB 20 million, with a maximum repurchase price of RMB 23 per share [2]. - Following the implementation of the 2024 semi-annual equity distribution, the maximum repurchase price was adjusted to RMB 22.88 per share, and subsequently to RMB 22.66 per share after the annual equity distribution [3]. Group 2: Implementation of Share Repurchase - The company initiated its first share repurchase on September 2, 2024, acquiring 11,533 shares at a maximum price of RMB 14.42 per share, totaling approximately RMB 166,115.20 [4]. - As of the announcement date, the company had repurchased a total of 1,048,828 shares, representing 0.69% of the total share capital, with an average repurchase price of RMB 18.64 per share [4][5]. Group 3: Share Cancellation Arrangement - The company has completed the necessary procedures to notify creditors regarding the share repurchase and capital reduction, with no objections received during the public notice period [8]. - The company plans to cancel the repurchased shares on August 12, 2025, and will handle the related registration changes accordingly [8]. Group 4: Shareholder Equity Changes - Shareholder Zhong Shujin reduced his holdings by 414,500 shares from December 5, 2024, to August 11, 2025, decreasing his ownership from 6.23% to 5.96% of the total share capital [13][15]. - The controlling shareholder and actual controller did not reduce their holdings, ensuring no change in control or significant impact on the company's governance structure [14].