GDMZH(SH:600382) Shang Hai Zheng Quan Bao·2025-09-02 20:43Core Viewpoint - Guangdong Mingzhu Group Co., Ltd. has successfully completed a share repurchase program, acquiring a total of 46,090,968 shares, which represents 6.64% of the company's total share capital, with the repurchase price ranging from 3.41 RMB to 5.07 RMB per share [4][5]. Group 1: Share Repurchase Plan - The company approved a share repurchase plan on September 3, 2024, with a budget between 1.5 billion RMB and 2.365 billion RMB, intending to repurchase between 34.88 million and 55 million shares at a maximum price of 4.3 RMB per share [2]. - On January 6, 2025, the company adjusted the maximum repurchase price to 5.5 RMB per share while keeping other aspects of the repurchase plan unchanged [3]. Group 2: Implementation of Share Repurchase - The first share repurchase was executed on September 23, 2024, and the total repurchase period lasted until September 2, 2025, concluding the program [4]. - The total amount spent on the repurchase was approximately 193.91 million RMB, excluding transaction fees [4]. Group 3: Shareholder Transactions - On December 9, 2024, the controlling shareholder, Shenzhen Jinxin'an Investment Co., Ltd., transferred 35 million shares, representing 5.04% of the total share capital, to a private equity fund [7]. Group 4: Share Capital Changes - The company reduced its registered capital and total share capital following the cancellation of 74,797,682 repurchased shares, which accounted for 9.72% of the total shares before cancellation [8]. Group 5: Future Plans for Repurchased Shares - The repurchased shares will be held in a special account and are intended for employee stock ownership plans or equity incentives. If not utilized within three years, the unutilized shares will be canceled [9].