GUANGDONG TAPAI GROUP CO.(SZ:002233) Zheng Quan Ri Bao·2025-08-12 23:02Core Viewpoint - Guangdong Tapai Group Co., Ltd. has announced a share repurchase plan to enhance investor confidence and support the company's long-term development [2][3][19]. Summary by Sections 1. Share Repurchase Plan Overview - The company plans to repurchase shares using its own funds, with a total amount not exceeding 100 million yuan (approximately 14.1 million USD) and not less than 50 million yuan (approximately 7.05 million USD) [2][8]. - The repurchase price will not exceed 10 yuan per share [2][7]. - The repurchase period is set for six months from the date of board approval [2][11]. 2. Purpose and Use of Repurchased Shares - The repurchased shares will be used for the company's employee stock ownership plan, aimed at enhancing the long-term incentive mechanism [3][4][19]. 3. Types and Methods of Repurchase - The shares to be repurchased are domestic listed ordinary shares (A-shares) [5]. - The repurchase will be conducted through centralized bidding [6]. 4. Financial Details of the Repurchase - The estimated number of shares to be repurchased is approximately 1 million shares at the upper limit and 500,000 shares at the lower limit, representing about 0.84% and 0.42% of the company's total share capital, respectively [10]. - The total assets of the company as of December 31, 2024, are 13.499 billion yuan, with a net profit of 538 million yuan for the same year [18]. 5. Impact Analysis - The share repurchase is expected to enhance trading activity in the secondary market and boost investor confidence [16]. - The company believes that the repurchase will not significantly impact its operational, financial status, or future development [18]. 6. Compliance and Disclosure - The company has opened a dedicated securities account for the repurchase [24]. - The company will adhere to strict compliance measures during the repurchase process and will disclose progress regularly [25].