东贝集团: 湖北东贝机电集团股份有限公司关于以集中竞价交易方式回购股份的回购报告书

Core Viewpoint - Hubei Dongbei Electromechanical Group Co., Ltd. plans to repurchase its shares through a centralized bidding method on the Shanghai Stock Exchange, primarily for employee stock ownership plans or equity incentives [1][2][3] Summary by Sections Repurchase Plan Approval and Implementation - The board of directors approved the share repurchase plan on August 21, 2025, with a unanimous vote of 9 in favor [1] - The repurchase plan requires a two-thirds majority of the board for any changes [1] Main Content of the Repurchase Plan - The repurchase plan was first disclosed on August 22, 2025, and will be implemented within 12 months from the board's approval [1][3] - The repurchase will utilize self-owned funds and special loans, with a total funding amount between RMB 40 million and RMB 80 million [2][3] Repurchase Price and Method - The maximum repurchase price is set at RMB 10.37 per share, which is 150% of the average trading price over the previous 30 trading days [2][6] - The shares will be repurchased through a centralized bidding method [3][6] Purpose and Use of Repurchased Shares - The repurchased shares will be used for employee stock ownership plans or equity incentives [2][5] - If the shares are not transferred within three years after the repurchase, they will be canceled [2][5] Expected Impact on Share Structure - The repurchase is expected to result in a reduction of the total share capital, with the number of shares repurchased estimated between 385,730 and 771,450, representing 0.62% to 1.24% of the total share capital [3][4] - The total share capital before the repurchase is 621,616,590 shares [6] Risk Factors and Conditions - The repurchase plan may be affected by significant changes in stock price or company operations, which could lead to its termination [4][11] - The company will adjust the repurchase terms in accordance with any new regulatory guidelines [11] Management and Disclosure - The management is authorized to make decisions regarding the timing and execution of the repurchase based on market conditions [10] - The company will fulfill its disclosure obligations if any major changes occur during the repurchase period [1][9]