Core Viewpoint - The company has successfully completed a share buyback program, acquiring a total of 20,797,900 shares, which represents 1.47% of its total share capital, with a total expenditure of approximately RMB 100.48 million [3][4]. Group 1: Buyback Approval and Plan - On April 17, 2025, the company's board approved a share buyback plan with a total amount not less than RMB 100 million and not exceeding RMB 200 million, with a buyback price cap adjusted to not exceed RMB 8.05 per share after the 2024 equity distribution [2]. - The buyback period is set for 12 months from the board's approval date, and the shares repurchased will be used for employee stock ownership plans or equity incentives [2]. Group 2: Buyback Implementation - The company initiated its first share buyback on May 7, 2025, and disclosed the details on May 8, 2025 [3]. - As of the latest update, the company has reached the lower limit of the expected buyback amount, completing the buyback process [3]. - The shares were acquired at a maximum price of RMB 5 per share and a minimum price of RMB 4.58 per share [3]. Group 3: Financial Impact and Share Distribution - The funds for the buyback were sourced from special loans and the company's own funds, ensuring no significant impact on the company's operational activities, financial status, or future development [4]. - The buyback will not alter the company's control structure, and the distribution of shares post-buyback will comply with listing requirements [4]. Group 4: Stock Trading by Related Parties - There have been no stock trading activities by shareholders holding more than 5% of shares, directors, or senior management from the announcement of the buyback until the date of this disclosure [5]. Group 5: Handling of Repurchased Shares - The total repurchased shares will be stored in a dedicated account for employee stock ownership plans or equity incentives, and any unutilized shares within 36 months will be canceled [8]. - During the holding period, the repurchased shares will not enjoy rights related to profit distribution, capital increase, or voting at shareholder meetings [8].
山东金晶科技股份有限公司关于股份回购实施结果暨股份变动的公告