Biwin Storage Technology (SH:688525) Xin Lang Cai Jing·2025-10-13 11:53Core Viewpoint - Shenzhen Baiwei Storage Technology Co., Ltd. has initiated its second share repurchase, acquiring 411,239 shares at an average price of 97.24 yuan per share, totaling approximately 40 million yuan, aimed at reducing registered capital [1][3]. Group 1: Repurchase Plan - The repurchase plan was approved during the board meeting on August 8, 2025, and subsequently at the second extraordinary shareholders' meeting on September 5, 2025 [2]. - The company intends to use its own or raised funds to repurchase part of its issued A-shares through the Shanghai Stock Exchange, with a total repurchase amount set between 20 million yuan and 40 million yuan [2]. Group 2: Progress of Initial Repurchase - The initial repurchase has successfully acquired 411,239 shares, representing 0.09% of the company's total share capital, with a repurchase average price of 97.24 yuan per share [3]. Group 3: Future Compliance and Disclosure - The company will adhere to relevant regulations regarding share repurchase and will make decisions based on market conditions within the repurchase period [4]. - It will also fulfill its obligation to disclose information regarding the progress of the share repurchase to keep investors informed [4].