THDB(SH:600867) Mei Ri Jing Ji Xin Wen·2025-10-17 08:33Core Points - Tonghua Dongbao announced a share repurchase plan approved by the board with a total fund of no less than RMB 20 million and no more than RMB 40 million [1] - The maximum repurchase price is set at RMB 10 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's approval [1] - The implementation period for the repurchase is within six months from the date of board approval [1] Summary by Category Company Actions - The company held its 11th board meeting on October 17, 2025, where the share repurchase proposal was approved with 9 votes in favor and no opposition [1] - The repurchased shares will be used for employee stock ownership plans and/or equity incentives [1] Financial Details - The total amount allocated for the share repurchase is between RMB 20 million and RMB 40 million [1] - The maximum repurchase price is capped at RMB 10 per share [1] Timeline - The share repurchase must be executed within six months from the board's approval date [1]