LEO(SZ:002131) Mei Ri Jing Ji Xin Wen·2025-10-16 09:44Core Viewpoint - LEO Group announced a share repurchase reduction plan, allowing the company to sell up to 135 million shares, which is 2% of its total share capital, to supplement working capital [1] Group 1: Share Repurchase and Reduction Plan - The company successfully repurchased 278 million shares, representing 4.11% of its total share capital, with an average repurchase price of approximately 1.44 yuan per share [1] - The planned reduction period for the repurchased shares is six months after the announcement, starting from 15 trading days post-announcement [1] - If the company sells the shares at the current closing price of 5.14 yuan, it could realize nearly 700 million yuan [1] Group 2: Management Share Reduction - A month prior, several executives completed a share reduction plan, selling a total of 6.77 million shares at prices ranging from 5.48 to 6.11 yuan per share, generating at least 37 million yuan [2][5] - The executives sold nearly all of their unrestricted shares, with the board secretary and other executives reducing their holdings significantly [5][6] Group 3: Financial Performance - In 2024, the company reported a net loss of 259 million yuan, but in the first half of 2025, it achieved a net profit of 478 million yuan, primarily driven by investment income and fair value changes [6][9] - The fair value changes contributed over 300 million yuan to the profit, mainly from the company's holdings in Li Auto shares [8][9]