XMGF(SZ:300770) Zheng Quan Zhi Xing·2025-08-22 09:21Core Viewpoint - The company, Guangdong Southern New Media Co., Ltd., has completed its share repurchase plan, utilizing its own funds to buy back shares within a specified range and timeframe [2][4][5]. Summary by Sections Share Repurchase Plan - The company proposed to repurchase shares using its own funds, with a total amount not less than RMB 50 million and not exceeding RMB 100 million, at a price not exceeding RMB 49 per share [2]. - Following the implementation of dividend distributions, the maximum repurchase price was adjusted to RMB 46.13 per share [2][4]. Implementation Status - As of August 22, 2025, the company repurchased a total of 1,292,318 shares, accounting for 0.564% of the total share capital, with a total transaction amount of approximately RMB 50 million [4]. - The highest transaction price during the repurchase was RMB 43.17 per share, and the lowest was RMB 34.88 per share [4]. Compliance and Impact - The share repurchase was conducted in accordance with relevant regulations and did not significantly impact the company's financials, operations, or control structure [5][6]. - The repurchased shares will be canceled, leading to a reduction in registered capital, with the total number of shares decreasing from 229,130,909 to 227,838,591 [6][7]. Future Arrangements - The repurchased shares will not have voting rights or participate in profit distribution during the holding period and will be subject to cancellation and capital reduction procedures [7].