天山铝业集团股份有限公司关于股份回购完成暨股份变动公告

Core Viewpoint - Tianshan Aluminum has completed its share repurchase plan, acquiring a total of 23.7052 million shares, which represents 0.51% of the company's total share capital, with a total expenditure of approximately RMB 200 million [4][5]. Summary by Sections Share Repurchase Plan - The company approved a share repurchase plan on April 9, 2025, with a budget between RMB 200 million and RMB 300 million, and a maximum repurchase price of RMB 10 per share [2]. - The repurchase was adjusted to a maximum price of RMB 9.8 per share due to the company's annual equity distribution [3]. Implementation Details - As of the announcement date, the company had repurchased 2,370.52 million shares at prices ranging from RMB 7.41 to RMB 9.79 per share, using a total of RMB 200 million [4][5]. - The repurchase was conducted in compliance with relevant regulations and did not deviate from the approved plan [4][6]. Impact on the Company - The share repurchase is not expected to significantly impact the company's financials, operations, or debt obligations, nor will it alter the company's equity structure or listing status [5]. - The repurchased shares will be used for employee stock ownership plans or equity incentive plans, with unutilized shares to be canceled if not used within 36 months [8]. Compliance and Trading Restrictions - The company adhered to regulations regarding the timing and manner of share repurchases, ensuring no trading occurred during sensitive periods [6][7].