BYE(SH:603861) Shang Hai Zheng Quan Bao·2025-11-25 17:52Core Viewpoint - The company has approved the acquisition of minority shares in its subsidiary to enhance control and operational efficiency, increasing its ownership from 67.7143% to 90% [2][3]. Group 1: Acquisition Details - The company plans to acquire 22.2857% of shares from Nanjing Shiyuan Electric Technology Co., Ltd. in its subsidiary Zhejiang Baiyun Zhebian Electric Equipment Co., Ltd. [2] - The transaction price for the minority stake is set at RMB 28.15 million [3]. - The valuation report indicates that the subsidiary's total assets are valued at RMB 152.49 million, reflecting a 14.91% increase, while net assets are valued at RMB 12.63 million, showing an increase of RMB 18.69 million [3]. Group 2: Share Buyback Announcement - The company has initiated a share buyback program, planning to use between RMB 10 million and RMB 20 million for this purpose [7]. - On November 25, 2025, the company repurchased 86,500 shares at a price of RMB 11.60 per share, totaling RMB 1.0034 million [7][8]. - The buyback aligns with legal regulations and the company's previously disclosed buyback plan [8].