Summary of Key Points Core Viewpoint - Guizhou Chuanheng Chemical Co., Ltd. has announced adjustments to its share repurchase plan following the implementation of its 2025 semi-annual profit distribution, including changes to the maximum repurchase price and funding sources [1][5]. Group 1: Share Repurchase Plan Overview - The company plans to repurchase shares through centralized bidding, with a total repurchase amount between RMB 40 million and RMB 80 million, and a maximum repurchase price of RMB 24.33 per share [1][2]. - The repurchase will be funded by the company's own funds or loans from financial institutions [1][3]. Group 2: Repurchase Price and Quantity - The maximum repurchase price is set at RMB 24.33 per share, which is 150% of the average stock price over the 30 trading days prior to the board's decision [2][3]. - Based on the upper limit of the repurchase fund, the estimated number of shares to be repurchased is approximately 3,288,121 shares, accounting for 0.61% of the total share capital [2][3]. Group 3: Progress of Share Repurchase - As of August 28, 2025, the company has repurchased 1,760,300 shares, representing 0.33% of the total share capital, with a total expenditure of RMB 40,139,399 [3][6]. - The highest and lowest transaction prices during the repurchase were RMB 23.90 and RMB 22.00 per share, respectively [3]. Group 4: Adjustments to Repurchase Price - Following the 2024 annual shareholder meeting, the maximum repurchase price was adjusted to RMB 23.13 per share due to the implementation of a cash dividend distribution [3][5]. - After the semi-annual profit distribution, the adjusted maximum repurchase price is set at RMB 22.83 per share, calculated by deducting the cash dividend from the previous maximum price [6][7]. Group 5: Remaining Repurchase Capacity - The remaining available funds for repurchase amount to RMB 39,860,601, allowing for an estimated additional repurchase of at least 1,745,974 shares at the adjusted price [7].
川恒股份: 实施2025年半年度利润分配后调整回购股份价格上限的公告