Core Viewpoint - The company has observed unusual fluctuations in its share price and trading volume, but the board is unaware of any reasons for these changes and confirms that business operations remain normal [1][2] Group 1: Share Price and Trading Volume - The board has noted abnormal movements in the company's share price and trading volume recently [1] - After inquiries, the board confirmed no knowledge of any reasons for the fluctuations or any information that needs to be disclosed to prevent a false market [1] Group 2: Business Operations - The board confirmed that the group's business operations and financial condition have not undergone any significant changes [1] Group 3: Share Buyback Plan - The board has received authorization from shareholders to repurchase up to 10% of the total issued shares as of the date of the annual general meeting [1] - The company plans to repurchase shares at a price not exceeding HKD 17 per share, with a total amount not exceeding USD 100 million [1] - The repurchase will be funded through existing cash flow or operating funds, in compliance with applicable laws and regulations [1] Group 4: Confidence in Business Development - The company believes that the share buyback reflects confidence in its business development and prospects [2] - The board considers the current robust financial condition sufficient to support the buyback while maintaining ample financial resources for business development [2] - Implementing the share buyback plan aligns with the overall interests of the company and its shareholders [2]
山高控股(00412)计划回购不超过1亿美元的股份