Core Viewpoint - The company has received approval from its board to execute a share buyback plan for Class B shares, which is seen as undervalued compared to the company's performance and intrinsic value [1] Group 1: Share Buyback Plan - The board has been authorized to repurchase up to 10% of the total issued Class B shares as of the date of the annual general meeting on June 18, 2025 [1] - The buyback is intended to create capital management benefits for shareholders and align with the overall interests of the company and its shareholders [1] Group 2: Market Focus and Strategy - The company aims to solidify its market position in Southeast Asia and China while gradually enhancing its presence in new markets [1] - The company plans to leverage significant opportunities arising from the global expansion of e-commerce platforms [1] - Internal strategies include refined management practices, continuous cost reduction, and empowering overseas operations with experiences from China [1] Group 3: Financial Health and Growth - The board believes that the company's financial condition supports the proposed buyback plan while maintaining sufficient financial resources for ongoing business growth [1] - The company is committed to actively managing its capital to enhance shareholder value [1]
极兔速递-W拟回购不超过10%的公司B类股份