Workflow
环旭电子股份有限公司关于2025年8月股份回购进展的公告

Share Buyback Progress - The company approved a share buyback plan on April 25, 2025, with a total fund of no less than RMB 150 million and no more than RMB 300 million, with a buyback price cap of RMB 20.00 per share, later adjusted to RMB 19.77 due to a dividend distribution [2][3] - As of August 2025, the company has repurchased a total of 859,500 shares, accounting for approximately 0.04% of the total share capital, with a total expenditure of RMB 13,241,302.00 [3][4] Sale of Subsidiary - The company sold 75.1% of its subsidiary, Huanqiang Electronics, to Real Tech Holdings Limited for a price of USD 49,783,000, based on the net asset value as of March 31, 2025 [8][9] - The transaction was completed on September 1, 2025, with the buyer confirming the payment and the company no longer holding any equity in Huanqiang Electronics [9][10]