Huafa Properties(SH:600325) Xin Lang Cai Jing·2025-09-04 11:44Core Viewpoint - Zhuhai Huafa Industrial Co., Ltd. announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2025 semi-annual equity distribution [1] Group 1: Share Repurchase Overview - On October 29, 2024, the company's board approved a share repurchase plan with a total fund of no less than 300 million yuan and no more than 600 million yuan, with a maximum repurchase price of 9.83 yuan per share [2] - The repurchase period is set for 12 months from the date of board approval [2] Group 2: Reason for Price Adjustment - The adjustment in the maximum repurchase price is due to a cash dividend distribution of 0.20 yuan per 10 shares approved in the shareholder meeting on September 1, 2025 [3] - The record date for the equity distribution is September 10, 2025, and the ex-dividend date is September 11, 2025 [3] Group 3: Specifics of Price Adjustment - Following the equity distribution, the maximum repurchase price will be adjusted from 9.73 yuan per share to 9.71 yuan per share starting September 11, 2025 [4] - The calculation for the adjusted repurchase price is based on the cash dividend and the change in circulating shares, which remains at 0% for this distribution [4] - The adjusted maximum repurchase price allows for the repurchase of approximately 30.9 million to 61.8 million shares, representing about 1.12% to 2.24% of the company's total share capital [4] Group 4: Other Matters - Other aspects of the share repurchase plan remain unchanged, and the company will proceed with the repurchase plan in an orderly manner while fulfilling information disclosure obligations [5]