HMT(SH:603306) Xin Lang Cai Jing·2025-09-29 12:13Core Viewpoint - Huamao Technology has adjusted the upper limit of its share repurchase price to ensure the smooth implementation of its repurchase plan in response to changes in the capital market and company stock price [1][4]. Repurchase Plan Review - On December 4, 2024, Huamao Technology's board approved a share repurchase plan using self-owned or raised funds, with a repurchase price not exceeding 42 RMB per share and a total repurchase amount between 250 million RMB and 500 million RMB [2]. - On December 19, 2024, the board agreed to increase the repurchase scale to between 400 million RMB and 800 million RMB, with the upper limit of the repurchase price adjusted to not exceed 41.91 RMB per share starting from June 23, 2025 [2]. Repurchase Progress - As of August 31, 2025, Huamao Technology has repurchased a total of 21,138,449 shares, accounting for 6.42% of the total share capital of 329,060,517 shares, with a total transaction amount of approximately 782.1 million RMB [3]. Adjustment of Repurchase Price Limit - Due to changes in the capital market and stock price, the company adjusted the upper limit of the repurchase price from 41.91 RMB to 60 RMB per share on September 29, 2025, ensuring it does not exceed 150% of the average trading price over the previous 30 trading days [4]. Impact of Adjustment and Decision Process - The adjustment aligns with relevant regulations and market conditions, facilitating the smooth execution of the repurchase without adversely affecting the company's operations or finances, and does not harm the interests of the company or minority shareholders [5].