NEO(SH:600184) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-05 04:51Core Viewpoint - The company, Northern Optoelectronics Co., Ltd., has announced a share buyback plan by its controlling shareholder, Northern Optoelectronics Group Co., Ltd., with a total intended investment of 50 million yuan over a 12-month period starting from December 19, 2024 [2]. Group 1: Buyback Plan Details - The controlling shareholder plans to increase its stake in the company through the Shanghai Stock Exchange, utilizing either centralized bidding or block trading methods [2]. - As of September 4, 2025, the controlling shareholder has acquired a total of 2,057,400 shares, representing 0.35% of the company's total equity, with a total transaction amount of approximately 24.95 million yuan [2]. - The company expresses confidence in its ongoing healthy development and recognizes its value, leading to the continuation of the buyback plan [2]. Group 2: Implementation Progress - From September 2 to September 4, 2025, the controlling shareholder purchased an additional 137,000 shares, accounting for 0.02% of the total shares, with a total investment of approximately 2.53 million yuan [2]. - The buyback plan is subject to potential risks due to unpredictable changes in the capital market, which may affect the timely completion of the plan [3]. Group 3: Regulatory Compliance - The buyback actions comply with relevant laws and regulations, including the Securities Law of the People's Republic of China and the rules of the Shanghai Stock Exchange [4]. - The company will continue to monitor the implementation of the buyback plan and fulfill its information disclosure obligations as required by applicable regulations [4].