CJS(SH:600176) Shang Hai Zheng Quan Bao·2025-11-25 19:00Core Viewpoint - China Jushi Co., Ltd. has announced the implementation results of its share repurchase plan, which includes the repurchase of 34,528,223 shares, accounting for approximately 0.86% of the company's total share capital, with a total expenditure of approximately RMB 539.66 million [2][3][4]. Group 1: Repurchase Approval and Plan Details - The company approved a share repurchase plan on September 24 and October 21, 2025, allowing for the repurchase of 30 million to 40 million shares within 12 months, with a total expenditure not exceeding RMB 88 million and a maximum price of RMB 22 per share [2]. - The repurchased shares are intended for the company's equity incentive plan, and if the plan does not receive necessary approvals, the shares will be canceled within three years after the announcement of the repurchase results [2]. Group 2: Repurchase Implementation Status - As of October 31, 2025, the company had repurchased 1,000,000 shares at a maximum price of RMB 16.20 per share, totaling approximately RMB 16.15 million [3]. - By November 24, 2025, the cumulative repurchase reached 34,528,223 shares, with a maximum price of RMB 16.20 and a minimum price of RMB 14.80 per share, totaling approximately RMB 539.66 million [3][4]. Group 3: Share Handling and Future Plans - The repurchased shares will be held in a dedicated securities account and will not enjoy voting rights or other shareholder privileges during the holding period [6]. - The company plans to use the repurchased shares for future equity incentive plans, adhering to necessary decision-making processes and disclosure obligations [6].