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广州酒家集团股份有限公司关于股份回购比例达到1%暨回购进展公告

Core Viewpoint - Guangzhou Restaurant Group Co., Ltd. has announced the progress of its share repurchase plan, indicating a commitment to enhancing shareholder value through stock buybacks [2][4]. Group 1: Share Repurchase Overview - The company plans to use its own and/or raised funds to repurchase shares through centralized bidding, with a total budget of approximately RMB 100 million to RMB 143 million [2]. - The maximum repurchase price was initially set at RMB 23.00 per share but has been adjusted to RMB 22.52 per share following the 2024 annual equity distribution [3]. Group 2: Progress of Share Repurchase - As of October 17, 2025, the company has repurchased a total of 6.3184 million shares, representing 1.11% of the total share capital, with a total expenditure of RMB 100.4031 million (excluding transaction fees) [4]. - The highest purchase price recorded was RMB 16.50 per share, while the lowest was RMB 15.42 per share [4]. Group 3: Compliance and Future Actions - The share repurchase activities are in compliance with relevant laws and regulations, as well as the company's repurchase plan [5]. - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations in a timely manner [6].