KENGIC(SH:688455) Shang Hai Zheng Quan Bao·2025-11-14 20:52Core Viewpoint - The company has initiated a share buyback program, aiming to repurchase up to 7% of its total share capital within a specified timeframe and budget [2][4]. Group 1: Share Buyback Plan - The company plans to use its own funds, self-raised funds, and bank loans to repurchase shares through the Shanghai Stock Exchange, with a total buyback amount between RMB 150 million and RMB 300 million [2]. - The maximum buyback price is set at RMB 15.77 per share, with the buyback period lasting 12 months from the approval date [2]. Group 2: Adjustments to Buyback Terms - On September 15, 2025, the company adjusted the maximum buyback price from RMB 15.77 to RMB 23.73 per share [3]. Group 3: Progress of Share Buyback - As of November 14, 2025, the company has repurchased a total of 12,807,199 shares, representing 7.0817% of its total share capital of 180,849,167 shares [4]. - The highest repurchase price recorded was RMB 17.78 per share, while the lowest was RMB 9.64 per share, with a total expenditure of approximately RMB 149.99 million [4]. Group 4: Compliance and Future Actions - The share buyback is in compliance with relevant laws and regulations, and the company will continue to make buyback decisions based on market conditions while fulfilling disclosure obligations [5][6].