Union Precision(SH:688210) Shang Hai Zheng Quan Bao·2025-10-15 19:57Core Viewpoint - The company has adjusted the upper limit of its share repurchase price from RMB 30.15 per share to RMB 75.85 per share to ensure the smooth implementation of the repurchase plan, reflecting confidence in its future development and intrinsic value [2][4]. Summary by Sections Share Repurchase Basic Information - The company approved a share repurchase plan on November 4, 2024, using its own funds and/or special loan funds for repurchase, with an initial upper limit of RMB 30.30 per share and a total repurchase amount between RMB 50 million and RMB 100 million [1]. Progress of Share Repurchase - As of the announcement date, the company has repurchased a total of 2.218462 million shares, accounting for 1.3745% of the total share capital, with a total expenditure of RMB 41.699596 million [2]. Reasons for Adjusting the Repurchase Price - The adjustment of the repurchase price limit is due to the company's stock price consistently exceeding the previous upper limit of RMB 30.15 per share, influenced by market conditions and the company's stock performance [3][4]. Rationality and Necessity of the Adjustment - The adjustment complies with relevant laws and regulations, and the new upper limit does not exceed 150% of the average trading price over the previous 30 trading days, facilitating the implementation of the repurchase plan [4]. Impact on Company’s Financial Health - The adjustment only affects the repurchase price limit and does not alter the total repurchase amount, ensuring no negative impact on the company's debt servicing ability or ongoing operations [4]. Decision-Making Process - The board of directors approved the adjustment on October 15, 2025, and this adjustment does not require shareholder meeting approval [4].