白云电器：关于首次回购公司股份的公告

Core Viewpoint - Baiyun Electric announced its first share buyback on November 25, 2025, repurchasing 86,500 shares, which represents 0.0160% of the company's total share capital of 540,527,955 shares [1] Summary by Category - Company Actions - The company executed a share buyback of 86,500 shares through the Shanghai Stock Exchange's centralized bidding system [1] - This buyback is part of the company's strategy to enhance shareholder value [1] - Market Impact - The buyback represents a small fraction (0.0160%) of the total shares outstanding, indicating a cautious approach to capital management [1] - The move may signal to investors the company's confidence in its financial health and future prospects [1]