CREAT(SZ:002350) Xin Lang Zheng Quan·2025-11-04 10:31Core Viewpoint - Beijing Keri Group Co., Ltd. has not yet initiated its share repurchase plan, which was approved on August 26, 2025, despite a budget of 50 million to 100 million RMB allocated for this purpose [1][2]. Summary by Sections Share Repurchase Plan Overview - The share repurchase plan was approved during the eighth board and supervisory board meetings on August 26, 2025, with a total budget set between 50 million RMB (inclusive) and 100 million RMB (inclusive) [2]. - The maximum repurchase price is capped at 9.90 RMB per share, and the repurchase period is set to last until August 25, 2026 [2]. - The shares repurchased are intended for future implementation of an equity incentive plan or employee stock ownership plan [2]. Current Status of Repurchase - As of October 31, 2025, the company has not executed any share repurchases through the designated securities account via centralized bidding [2][3]. - This indicates that over two months have passed since the approval of the repurchase plan without any concrete actions taken [2]. Compliance and Future Plans - The company asserts that its share repurchase activities will comply with relevant regulations, including the Shenzhen Stock Exchange's guidelines [3]. - The company has not engaged in repurchase activities during significant decision-making periods that could impact stock prices, and the bidding prices have not reached the daily price limit [3]. - The company plans to implement the repurchase based on market conditions within the remaining 10 months of the repurchase period [3].