Bayi Space(SH:688181) Shang Hai Zheng Quan Bao·2025-11-03 20:43Core Viewpoint - The company, Beijing Eight Billion Space Liquid Crystal Technology Co., Ltd., has initiated a share repurchase program to enhance shareholder value and potentially support employee stock ownership plans [1][2]. Summary by Sections 1. Basic Information on Share Repurchase - On May 16, 2025, the company’s board approved a share repurchase plan using its own funds and a special loan of up to 70 million RMB from Shanghai Pudong Development Bank [1] - The repurchase will target a maximum price of 40 RMB per share, with a total repurchase amount between 50 million RMB and 100 million RMB [1] - The repurchase period is set for 12 months from the board's approval date [1] 2. Progress of Share Repurchase - As of October 31, 2025, the company has repurchased a total of 477,000 shares, representing 0.35% of its total share capital of 134,481,546 shares [2] - The highest price paid for the repurchased shares was 28.20 RMB, while the lowest was 27.69 RMB, with a total expenditure of approximately 13.37 million RMB (excluding transaction fees) [2] - The repurchase activities are in compliance with relevant laws and the company's repurchase plan [2] 3. Other Matters - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations regarding the progress of the share repurchase [3]