RSPC(SZ:002493) Zheng Quan Ri Bao Wang·2025-09-25 11:11Core Viewpoint - Rongsheng Petrochemical has implemented three phases of share repurchase plans since 2024, indicating a strong commitment to enhancing shareholder value and focusing on innovation-driven development [1] Group 1: Share Repurchase Plans - The first phase of the repurchase plan occurred from January 22 to July 18, 2024, with a total investment of 1.188 billion yuan, accounting for 1.14% of the company's total share capital [1] - The second phase is set from August 21, 2024, to February 20, 2025, with an investment of 505 million yuan, representing 0.56% of the total share capital [1] - The third phase commenced on April 15, 2025, with a planned investment of no less than 1 billion yuan and no more than 2 billion yuan, currently progressing in an orderly manner [1] Group 2: Purpose and Regulations of Share Repurchase - The primary purpose of the share repurchase is to convert the company's issued convertible bonds or for employee stock ownership plans [1] - If the company fails to utilize the repurchased shares within 36 months, the unused portion will be canceled following relevant procedures [1] - The company has already announced the cancellation of 136 million shares from the first phase of the repurchase on July 21, 2025, leading to a corresponding reduction in registered capital [1] Group 3: Research and Development Focus - Rongsheng Petrochemical adheres to an innovation-driven development strategy, with a cumulative investment of over 20 billion yuan in R&D over the past five years [1] - The company actively deploys high value-added new materials, new processes, and green technologies, covering a wide range of industries and possessing rich technological reserves [1] - Further details on specific product planning and production progress can be found in the company's announcements [1]