ZEHO ECO(SH:605069) Zheng Quan Zhi Xing·2025-08-22 08:15Core Viewpoint - The company has adjusted the maximum repurchase price and extended the implementation period for its share repurchase plan to enhance shareholder value and support its employee stock ownership plan [1][3]. Summary by Sections Share Repurchase Implementation Status - As of the announcement date, the company has repurchased a total of 604,800 shares, accounting for 0.29% of the total share capital, with a maximum transaction price of RMB 8.2 per share and a minimum of RMB 7.81 per share, totaling RMB 4,899,138 in funds used [2]. Adjustment of Repurchase Price Cap - The maximum repurchase price has been raised from RMB 12 per share to RMB 16 per share, based on confidence in the company's future development and current market conditions. The adjusted price cap does not exceed the average trading price over the last 30 trading days prior to the board's decision [2][3]. - Based on the total share capital of 211,697,778 shares, the company estimates it will need to repurchase approximately 943,804 to 2,193,804 shares, resulting in a cumulative total of 1,548,604 to 2,798,604 shares, which would represent a significant portion of the total share capital [2]. Extension of Repurchase Implementation Period - The company has extended the share repurchase implementation period by 6 months, now set to end on February 22, 2026. This decision is aimed at ensuring stable operations and meeting the needs of business transformation [3][4]. - The board has the authority to adjust the repurchase price cap dynamically if the stock price exceeds the new limit of RMB 16 per share [3]. Impact of Adjustments - The adjustments to the repurchase plan are not expected to negatively impact the company's operations, financials, research and development, profitability, or future development. The repurchase will not harm the company's debt servicing ability or ongoing operations, nor will it adversely affect the interests of shareholders, particularly minority shareholders [4]. Decision-Making Process - The decision to adjust the repurchase price cap and extend the implementation period was approved by the board of directors and does not require shareholder approval [4].