NWF(SH:600975) Zheng Quan Ri Bao·2025-10-13 14:12Core Points - The company Xinwufeng announced a repurchase of shares due to the failure of the acquisition target Hunan Tianxin Seed Industry Co., Ltd. to meet its performance commitments for 2023 [2] - The total repurchase price for the shares is set at RMB 1.00, involving 11,630,293 shares, which accounts for 0.92% of the company's total share capital before the repurchase [2] - Following the repurchase, the company's total shares will decrease from 1,261,292,033 to 1,249,661,740, and the registered capital will change from RMB 1,261,292,033 to RMB 1,249,661,740 [2] Summary by Sections - Announcement Details - Xinwufeng issued an announcement on October 13 regarding the repurchase of shares due to unmet performance commitments by Hunan Tianxin Seed Industry [2] - The repurchase involves multiple compensation obligors, including Hunan Modern Agricultural Industry Holding Group Co., Ltd. and others [2] - Financial Impact - The repurchase will result in a reduction of the company's total shares and registered capital, reflecting the impact of the failed acquisition on the company's financial structure [2] - The shares are expected to be officially canceled on October 14, 2025, following the completion of the repurchase process [2]