SENSSUN(SZ:002870) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-02 01:11Core Viewpoint - The company has approved a share repurchase plan, intending to buy back shares using its own funds and/or special loans, with a total budget between RMB 60 million and RMB 120 million, to support employee stock ownership and incentive plans [1] Group 1: Share Repurchase Plan - The company will repurchase shares at a price not exceeding RMB 35 per share, which will be adjusted to RMB 34.90 per share starting from May 6, 2025 [1] - The repurchase will be conducted through centralized bidding on the Shenzhen Stock Exchange [1] - The company has disclosed the details of the repurchase plan in announcements on April 22, April 24, and the implementation of the 2024 annual equity distribution [1] Group 2: Progress of Share Repurchase - As of August 31, 2025, the company has repurchased a total of 1,076,800 shares, representing 0.82% of the total share capital, with a total expenditure of approximately RMB 33.07 million [2] - The highest repurchase price recorded was RMB 31.00 per share, while the lowest was RMB 30.31 per share [2] Group 3: Compliance and Regulations - The share repurchase is in compliance with the company's repurchase plan and relevant laws and regulations [3] - The company has adhered to the requirements set forth by the Shenzhen Stock Exchange regarding the timing, quantity, and pricing of the repurchase [4] - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations as required by law [6]