燕东微完成股份回购，将用于员工持股或激励

Core Viewpoint - Beijing Yandong Microelectronics Co., Ltd. has announced the results of its share repurchase plan, indicating a strategic move to enhance shareholder value and support employee incentive programs [1] Group 1: Share Repurchase Details - The company’s board approved a share repurchase plan on September 19, 2024, with a budget of 40 million to 80 million yuan, at a price not exceeding 20.07 yuan per share, valid until September 19, 2025 [1] - A total of 2,629,186 shares were repurchased, accounting for 0.18% of the total share capital, with a total expenditure of 49,966,801.73 yuan and an average price of 19.00 yuan per share [1] Group 2: Impact and Future Plans - The share repurchase is not expected to have a significant impact on the company's operations, finances, or future development, and will not affect control or listing status [1] - The repurchased shares will be used for employee stock ownership plans or equity incentives, with any unallocated shares after three years to be canceled [1]