安徽巨一科技完善股份回购制度 规范操作保障股东权益

Core Viewpoint - Anhui Juyi Technology Co., Ltd. has established a share repurchase management system to regulate its share repurchase activities and protect investors' legal rights [1] Group 1: Applicable Situations and Conditions - The company can repurchase shares for various reasons, including reducing registered capital, employee stock ownership or equity incentives, convertible bond share conversions, and maintaining company value and shareholder rights [2] - Specific conditions must be met for repurchases aimed at maintaining company value, such as the stock closing price being below the latest net asset value per share, a cumulative decline of 20% over 20 consecutive trading days, or the stock closing price being below 50% of the highest closing price in the past year [2] Group 2: Repurchase Conditions and Methods - Multiple conditions must be satisfied for share repurchase, including the stock being listed for at least six months and no major legal violations in the past year [3] - Repurchase methods include centralized bidding, tender offers, and other methods recognized by the China Securities Regulatory Commission [3] - The total number of shares repurchased due to specific circumstances cannot exceed 10% of the total issued shares, and these shares must be transferred or canceled within three years after the repurchase result is disclosed [3] Group 3: Implementation Procedures and Information Disclosure - Proposers with the right to propose can suggest share repurchases to the board, which must review and announce the proposal immediately [4] - The repurchase plan must be clearly defined, including purpose, method, price range, quantity, total funds, source of funds, and implementation period [4] - The company must disclose the progress of the repurchase in a timely manner and follow decision-making procedures for any significant changes [4] Group 4: Handling of Repurchased Shares - Repurchased shares must be processed according to disclosed purposes, and any sale of these shares through centralized bidding requires board approval and prior disclosure of the sale plan [5] - Proceeds from the sale of repurchased shares must be used for main business operations [5] - If repurchased shares are not transferred as disclosed and are intended for early cancellation, shareholder meeting approval and creditor notification are required [5]