Valiant(SZ:002643) Shang Hai Zheng Quan Bao·2025-08-20 20:54Core Viewpoint - The announcement details the completion of a share buyback plan by a major shareholder, Luyin Investment Group, which successfully increased its stake in Wanrun Co., Ltd. during the specified period [3][4][11]. Group 1: Shareholder Buyback Plan - Luyin Investment Group planned to increase its shareholding in Wanrun Co., Ltd. from February 21, 2025, to August 20, 2025, with a target investment between RMB 125 million and RMB 250 million [3][7]. - The buyback was executed through centralized bidding or block trading on the Shenzhen Stock Exchange [10]. - The funding for the buyback came from Luyin Investment's own funds and a special loan for stock buyback from China Bank [10]. Group 2: Implementation Results - By the end of the buyback period on August 20, 2025, Luyin Investment had acquired a total of 18,321,707 shares, representing 1.9851% of the company's total share capital of 922,959,225 shares [4][11]. - The total amount spent on the buyback was RMB 201,193,692.30, exceeding the lower limit of the planned investment [11]. - Prior to the buyback, Luyin Investment held 59,181,537 shares, which was 6.3629% of the total shares before the buyback [4][11]. Group 3: Compliance and Regulations - The implementation of the buyback plan adhered to relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shenzhen Stock Exchange listing rules [11]. - The buyback did not alter the company's shareholding structure in a way that would violate listing conditions or change the controlling shareholder [11].