Xiangyu(SH:600057) Xin Lang Cai Jing·2025-08-29 11:24Summary of Key Points Core Viewpoint - Xiamen Xiangyu Co., Ltd. has successfully completed its share repurchase plan, which was initiated to support employee stock ownership plans and equity incentives [1][3]. Group 1: Repurchase Plan Overview - On April 16, 2025, the company approved a share repurchase plan to buy back shares through centralized bidding, with a repurchase period from April 16, 2025, to October 15, 2025 [2]. - The plan aimed to repurchase between 100 million and 150 million shares at a maximum price of 8.85 yuan per share [2]. Group 2: Implementation Status - As of August 28, 2025, the company had repurchased 100,000,037 shares, accounting for 3.56% of the total share capital, with a total expenditure of 698.53 million yuan [3]. - The repurchase price ranged from 6.37 yuan to 7.68 yuan per share, with an average repurchase price of 6.99 yuan per share [3]. Group 3: Impact and Future Arrangements - The share repurchase has no significant impact on the company's normal operations, financial status, or future development, and does not alter the control of the company [4]. - The structure of the company's shares has changed, with restricted shares decreasing from 614,485,082 to 613,859,460, while unrestricted shares' proportion increased from 78.11% to 78.13% [4]. - The repurchased shares will be used for employee stock ownership plans or equity incentives and must be transferred within three years; any unutilized shares will be legally canceled [4].