DONPER GROUP(SH:601956) Zheng Quan Zhi Xing·2025-08-21 14:06Core Viewpoint - The company plans to repurchase its shares through a centralized bidding process on the Shanghai Stock Exchange, aiming to enhance investor confidence and improve its incentive mechanisms [1][4]. Summary by Sections Repurchase Plan Approval and Implementation - The board of directors approved the share repurchase plan on August 21, 2025, with unanimous support [1]. - The repurchase will be executed within 12 months from the board's approval date [4]. Purpose and Use of Repurchased Shares - The repurchased shares will be used for employee stock ownership plans or equity incentives [2][5]. - If the shares are not transferred within three years after the repurchase, they will be canceled [2][10]. Repurchase Price and Amount - The maximum repurchase price is set at RMB 10.37 per share, which is 150% of the average trading price over the previous 30 trading days [2][6]. - The total repurchase amount will be no less than RMB 40 million and no more than RMB 80 million [2][5]. Funding Source - The repurchase will be funded through a special loan from CITIC Bank, with a maximum loan amount of RMB 100 million [2][7]. Impact on Share Structure - The repurchase is expected to affect the company's share structure, with an estimated repurchase of approximately 771.45 million shares if the maximum amount is utilized, representing about 1.24% of the total share capital [5][7]. Management and Disclosure - The management is authorized to make decisions regarding the timing and execution of the repurchase based on market conditions [4][11]. - The company will fulfill its disclosure obligations regarding the progress of the repurchase [1][11].