Xin Lang Cai Jing·2025-10-09 12:15Core Viewpoint - The company plans to repurchase its A-shares to enhance investor confidence and establish a long-term incentive mechanism, with a total repurchase fund ranging from RMB 32.25 million to RMB 64.5 million [1][3] Summary by Sections Repurchase Plan - The board of directors approved a plan to repurchase shares through centralized bidding, with a maximum price of RMB 25 per share, which is 150% of the average trading price over the last 30 trading days [1] - The total number of shares to be repurchased is estimated to be between 1.29 million and 2.58 million, accounting for 0.06% to 0.12% of the total share capital [1] Financial Impact - As of December 31, 2024, the company's audited total assets are RMB 69.513 billion, with net assets attributable to shareholders at RMB 30.291 billion and current assets at RMB 15.791 billion [2] - The maximum repurchase amount of RMB 64.5 million represents approximately 0.09% of total assets, 0.21% of net assets, and 0.41% of current assets, indicating a low impact on the company's financials [2] Management's Commitment - Senior management plans to increase their holdings during the repurchase period, while other board members and major shareholders do not have plans to buy or sell shares [1] - The company expresses strong confidence in its long-term development and intrinsic value, aiming to protect investor interests and boost market confidence [3]