GSP GROUP(SH:605088) Shang Hai Zheng Quan Bao·2025-11-03 21:06Core Points - Company has initiated a share buyback program using its own and self-raised funds, with a buyback price not exceeding RMB 56.05 per share and a total amount between RMB 80 million and RMB 120 million [1] - As of October 31, 2025, the company has repurchased a total of 2,069,200 shares, representing 1.0202% of the total share capital, with a total expenditure of RMB 79,989,507 [3] Buyback Program Details - The buyback program was approved during the company's first temporary board meeting on April 10, 2025, and is intended for employee stock ownership plans or equity incentives [1] - The company received a loan commitment from Bank of China for up to RMB 108 million specifically for the share buyback [1] - The maximum buyback price was adjusted to RMB 55.45 per share starting June 18, 2025, due to the 2024 annual equity distribution [2] Progress of Share Buyback - By October 2025, the company had repurchased 1,535,000 shares at prices ranging from RMB 38.27 to RMB 39.99 per share, totaling RMB 60,234,601 [2] - The company continues to comply with relevant regulations and will disclose buyback progress in accordance with the rules [4]