Jinma Rides(SZ:300756) Xin Lang Zheng Quan·2025-11-12 08:05Core Viewpoint - Guangdong Jinma Amusement Co., Ltd. has completed the buyback of all shares of its subsidiary, Jinma Cultural Tourism Technology Co., Ltd., for a total amount of 60 million yuan, changing its status from a controlling subsidiary to a wholly-owned subsidiary [1][3]. Summary by Sections Buyback Overview - The company held meetings on September 29, 2025, where it approved the proposal to buy back shares from Zhongshan Zhongying Industrial Investment Co., Ltd. for 60 million yuan. Jinma Cultural Tourism Technology is one of the investment project implementation entities for the company's initial public offering [2]. Progress and Completion - Following board approval, the company signed a share buyback agreement with Zhongying Investment and paid the agreed buyback amount along with fixed returns. The necessary business registration changes have been completed, and the pledged shares provided for fulfilling the buyback obligations have been canceled. This buyback strengthens the company's control over Jinma Cultural Tourism Technology and optimizes its subsidiary's equity structure [3].