Core Viewpoint - The company, HaiMuxing Laser Technology Group Co., Ltd., has proposed a share buyback plan to utilize its own and/or self-raised funds to repurchase a portion of its issued A-shares through the Shanghai Stock Exchange trading system [1] Summary by Relevant Sections Buyback Plan Details - The proposed buyback amount is not less than 18 million RMB and not more than 36 million RMB, with funds sourced from the company's own and/or self-raised funds [1] - The buyback price will not exceed 46.70 RMB per share, which is capped at 150% of the average trading price over the 30 trading days prior to the board's decision [1] - The buyback period is set for 12 months from the date of the board's approval [1] Estimated Buyback Shares - Based on the current total share capital of 247,759,044 shares, the maximum buyback amount of 36 million RMB at the price cap of 46.70 RMB per share would result in a repurchase of approximately 770,877 shares, representing 0.3111% of the total share capital [1] - Conversely, the minimum buyback amount of 18 million RMB at the same price cap would result in a repurchase of approximately 385,439 shares, representing 0.1556% of the total share capital [1] Management's Future Plans - As of the announcement date, the company's directors, supervisors, senior management, actual controllers, and shareholders holding more than 5% of the shares have no clear plans to reduce their holdings in the company’s stock over the next three to six months [2]
海目星拟斥1800万至3600万元回购股份 用于股权激励或员工持股计划