Guobo Electronics (SH:688375) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-19 22:43Core Viewpoint - The company announced the completion of a share buyback plan by its controlling shareholder and its concerted parties, which involved a total investment of approximately 400.81 million yuan, resulting in an increase of 1.22% in total shareholding [1][3][4]. Summary by Sections Share Buyback Plan Disclosure - The controlling shareholder, China Electronics Corporation Southern Group Co., Ltd. (国基南方), and its concerted party, China Electronics Technology Investment Holdings Co., Ltd. (电科投资), planned to increase their shareholding by investing between 400 million yuan and 700 million yuan over a 12-month period starting from October 19, 2024 [1][5]. Implementation Results - From December 27, 2024, to August 26, 2025, the total shares acquired amounted to 7,300,383, representing 1.22% of the company's total share capital, with a total transaction value of 400,807,215.83 yuan (excluding transaction fees) [3][4][5]. - Specifically, 国基南方 acquired 3,359,694 shares (0.56% of total share capital) for 200,008,202.21 yuan, while 电科投资 acquired 3,940,689 shares (0.66% of total share capital) for 200,799,013.62 yuan [1][3]. Legal Compliance - The law firm Beijing Guofeng Law Firm confirmed that the buyback was compliant with relevant laws and regulations, including the Securities Law and the Acquisition Management Measures, and that the company fulfilled its disclosure obligations [4][5]. Additional Notes - The buyback plan does not trigger a mandatory tender offer and will not change the company's controlling shareholder or actual controller, nor will it affect the company's governance structure or ongoing operations [5]. - The controlling shareholders are required to refrain from selling their shares for at least six months following the buyback [5].