YISHENG(SZ:002458) Xin Lang Cai Jing·2025-09-02 12:26Core Viewpoint - Shandong Yisheng Livestock and Poultry Breeding Co., Ltd. announced an adjustment to the maximum repurchase price of its shares due to the implementation of the 2025 semi-annual equity distribution, lowering it from 11.80 CNY per share to 11.65 CNY per share, effective from September 10, 2025 [1][4]. Summary by Sections Share Repurchase Overview - On November 1, 2024, the company's board approved a share repurchase plan using bank loans and self-owned funds, with a total repurchase amount set between 100 million CNY and 200 million CNY. The initial maximum repurchase price was set at 12.00 CNY per share, estimating a repurchase of approximately 833.33 million shares (0.75% of total shares) at the lower limit and 1,666.66 million shares (1.50% of total shares) at the upper limit [2]. 2025 Semi-Annual Equity Distribution Details - On August 18, 2025, the company approved a profit distribution plan, distributing a cash dividend of 1.50 CNY per 10 shares (including tax) to shareholders, totaling approximately 162.71 million CNY. The record date for this distribution is September 9, 2025, and the ex-dividend date is September 10, 2025 [3]. Calculation of Adjusted Repurchase Price - The adjusted maximum repurchase price is calculated by subtracting the per-share cash dividend from the previous maximum repurchase price, resulting in an adjusted price of approximately 11.65 CNY per share. Based on this adjustment, the estimated repurchase quantity is approximately 858.37 million shares (0.78% of total shares) at the lower limit and 1,716.74 million shares (1.55% of total shares) at the upper limit [4].