我爱我家修订回购股份管理制度 规范回购行为维护多方权益

Core Viewpoint - The company has revised its share repurchase management system to enhance the regulation of share buybacks, protect the rights of investors and the company, and promote standardized operations [1] Summary by Sections Applicable Situations and Basic Requirements - The revised system specifies situations for share repurchase, including reducing registered capital, employee stock ownership plans, conversion of convertible bonds, and necessary actions to maintain company value and shareholder rights [2] - Specific conditions must be met for maintaining company value, such as the stock closing price being below the latest net asset value per share [2] - Basic requirements for repurchase include a minimum of six months since the stock was listed, no major legal violations in the past year, and the company must have ongoing operational and debt repayment capabilities [2] - The repurchase can be conducted through centralized bidding or offers, with detailed regulations on funding sources, quantity, price range, and implementation period [2] Implementation Procedures and Information Disclosure - The implementation procedures for share repurchase are rigorous, requiring a proposal from a board member, followed by a prompt board meeting and announcement [3] - The board must thoroughly evaluate various aspects of the company before making a decision on the repurchase [3] - The repurchase plan must be approved by the shareholders' meeting or board, with clear decision-making procedures for different situations [3] - Strict information disclosure requirements are established, including timelines for announcing proposals, board resolutions, and repurchase progress [3] Handling of Repurchased Shares and Daily Supervision - The company must handle repurchased shares according to disclosure purposes, including cancellation or transfer as per regulations [4] - Shares repurchased to maintain company value can be sold under specific conditions after twelve months from the announcement of the repurchase results [4] - Daily supervision mandates that the company manage insider information effectively, with the board required to submit a list of insiders when disclosing the repurchase plan [4] - The company has the authority to impose penalties for violations of the system by internal personnel [4] - The revision of the share repurchase management system provides clear and standardized guidelines for potential future repurchase actions, benefiting the company, shareholders, and creditors [4]