Core Viewpoint - The company has announced a share repurchase plan to enhance shareholder value, with a total repurchase amount ranging from RMB 0.78 billion to RMB 1.56 billion, and a maximum price of RMB 14.90 per share [1][2]. Group 1: Share Repurchase Plan - The company convened its 25th board meeting on October 16, 2024, and approved the share repurchase plan at the third extraordinary general meeting on November 28, 2024 [1]. - The repurchase will be conducted through the Shenzhen Stock Exchange using self-owned or raised funds, with all repurchased shares intended for cancellation and reduction of registered capital [1]. - The repurchase period is set for 12 months from the date of the general meeting's approval [1]. Group 2: Funding and Loan Agreement - The company has signed a stock repurchase loan agreement with China Merchants Bank Shenzhen Branch, which will provide the necessary funds for the share repurchase [2]. Group 3: Progress of Share Repurchase - As of August 31, 2025, the company has repurchased a total of 1,425,800 shares, accounting for 0.134% of the total share capital, with a total expenditure of RMB 15,856,924.46 [3]. - The highest and lowest transaction prices during the repurchase were RMB 11.61 and RMB 10.44 per share, respectively [3]. Group 4: Compliance and Regulations - The company has adhered to relevant regulations regarding the timing, quantity, and pricing of the share repurchase, ensuring compliance with the Shenzhen Stock Exchange's guidelines [4][5]. - The company will not repurchase shares during periods that could significantly impact the trading price of its securities or during other specified circumstances [4].
招商局积余产业运营服务股份有限公司关于回购公司股份的进展公告