GDMZH(SH:600382) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-02 23:39Core Points - The company approved a share repurchase plan with a budget between RMB 1.5 billion and RMB 2.365 billion, targeting a repurchase price not exceeding RMB 4.3 per share, aiming to buy back 34.88 million to 55 million shares, which represents 5.02% to 7.92% of the total share capital [1] - The repurchase price cap was later adjusted to not exceed RMB 5.5 per share, while other aspects of the repurchase plan remained unchanged [2] - The company successfully repurchased a total of 46,090,968 shares, accounting for 6.64% of the total share capital, with a minimum price of RMB 3.41 and a maximum price of RMB 5.07 per share, totaling RMB 193.91 million spent [3][4] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and any unused shares after three years will be subject to cancellation [7] Repurchase Implementation - The initial share repurchase was executed on September 23, 2024, and the repurchase period concluded on September 2, 2025, marking the end of the 12-month timeframe [3] - The company completed the repurchase in accordance with the established plan, ensuring no significant impact on its operations, finances, or future development [4] Shareholder Transactions - On December 9, 2024, the controlling shareholder transferred 35 million shares, representing 5.04% of the total share capital, to a private equity fund to meet its funding needs [5][6] Share Capital Changes - The company had previously approved the cancellation of 74,797,682 repurchased shares, which accounted for 9.72% of the total shares before cancellation, reducing the total share capital from 769,205,771 shares to 694,408,089 shares [6]