BJLE(SZ:002392) Zheng Quan Zhi Xing·2025-09-03 10:15Core Viewpoint - Beijing Lier High Temperature Materials Co., Ltd. has approved a share repurchase plan to enhance investor confidence and implement employee stock ownership plans or equity incentives [1][4]. Group 1: Share Repurchase Plan - The company plans to repurchase shares using its own or raised funds, with a total amount between RMB 100 million and RMB 200 million, and a maximum price of RMB 4.68 per share [1]. - The implementation period for the share repurchase is set for up to 12 months from the board's approval date [1]. Group 2: Implementation Status - As of the announcement date, the company has completed the share repurchase, acquiring 25,210,000 shares, which represents approximately 2.12% of the total share capital [3][4]. - The highest transaction price during the repurchase was within the stipulated limits, and the repurchase was conducted in compliance with relevant regulations [3][4]. Group 3: Financial Support - The company received a commitment letter from China Everbright Bank Beijing Branch for a loan of up to RMB 120 million to support the share repurchase [2]. Group 4: Impact on the Company - The share repurchase reflects management's confidence in the company's intrinsic value and is expected to enhance public investor confidence and improve the company's market image [4]. - The repurchased shares will be used for employee stock ownership plans or equity incentives, which will help motivate management and core personnel, thereby promoting long-term development [4]. Group 5: Future Arrangements - The repurchased shares will be stored in a dedicated securities account and will not enjoy voting rights or profit distribution during the holding period [5]. - If the shares are not transferred to employees within the legal timeframe, they will be canceled following the relevant procedures [5].