GSP GROUP(SH:605088) Sou Hu Cai Jing·2025-11-04 06:36Core Viewpoint - The company has approved a share buyback plan to utilize its own and self-raised funds for employee stock ownership plans or equity incentives, with a buyback price cap set at RMB 56.05 per share, totaling between RMB 80 million and RMB 120 million [1] Buyback Plan Details - The company will conduct the share buyback through centralized bidding within 12 months from the board's approval date [1] - A loan commitment letter from Bank of China Wenzhou Branch has been received, providing a loan limit of up to RMB 108 million specifically for the share buyback [1] Progress of Share Buyback - As of October 2025, the company has repurchased a total of 1,535,000 shares, representing 0.7568% of the total share capital, with a maximum purchase price of RMB 39.99 per share and a minimum of RMB 38.27 per share, totaling RMB 60,234,601.00 [2] - By October 31, 2025, the total repurchased shares increased to 2,069,200, accounting for 1.0202% of the total share capital, with a maximum price of RMB 41.10 and a minimum of RMB 34.12, totaling RMB 79,989,507.00 [3] Compliance and Future Actions - The company will adhere to relevant regulations and guidelines during the buyback period and will make decisions based on market conditions while fulfilling information disclosure obligations [4]