Zhuzhou Kibing (SH:601636) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-09 05:05Group 1 - The company has approved a share buyback plan using its own or raised funds, with a total amount between RMB 100 million and RMB 200 million, and a maximum buyback price of RMB 9.00 per share [2][9][10] - The buyback period is set from September 25, 2025, to September 24, 2026, and the number of shares to be repurchased is estimated to be between 11 million and 22 million shares [2][15][19] - The repurchased shares will be used for employee stock ownership plans or equity incentives, and any unused shares after 36 months will be canceled [9][12][28] Group 2 - As of September 30, 2025, the company is actively preparing for the buyback but has not yet executed any repurchases [3] - The company will adhere to relevant regulations and will disclose progress on the buyback every month [4][34] - The company has established a dedicated securities account for the buyback and has received a loan commitment of up to RMB 90 million for this purpose [32][33] Group 3 - The buyback aims to enhance shareholder value, boost investor confidence, and improve the company's long-term stock investment value [12][19] - The company’s financial data as of June 30, 2025, shows total assets of RMB 35.7 billion, total liabilities of RMB 20.8 billion, and a net asset value of RMB 13.9 billion [24] - The buyback is expected to have a minimal impact on the company's cash flow and will not affect its operational capabilities or listing status [25][26]