GYLS(SH:600059) Zheng Quan Zhi Xing·2025-09-02 09:15Core Viewpoint - Zhejiang Guyue Longshan Shaoxing Wine Co., Ltd. has announced the progress of its share repurchase plan, which aims to enhance shareholder value and support employee stock ownership plans [1][2]. Summary by Sections 1. Share Repurchase Plan Overview - The share repurchase plan was first disclosed on April 25, 2025, and is set to be implemented within 12 months from the board's approval date [1]. - The expected repurchase amount is between RMB 200 million and RMB 300 million [1]. - The repurchased shares will be used for employee stock ownership plans or equity incentives [1]. 2. Progress of Share Repurchase - As of August 31, 2025, the company has repurchased a total of 13.7521 million shares, representing 1.51% of the total share capital [2]. - The total amount spent on the repurchase is RMB 142.1466 million, with a purchase price range between RMB 10.01 and RMB 10.50 per share [2]. - The implementation of the repurchase is in compliance with relevant laws and regulations [2]. 3. Compliance and Future Actions - The company will continue to adhere to the regulations set forth by the share repurchase rules and will make repurchase decisions based on market conditions [2]. - The company commits to timely information disclosure regarding the progress of the share repurchase [2].