浙江世纪华通集团股份有限公司回购股份报告书

Core Viewpoint - Zhejiang Century Huatong Group Co., Ltd. plans to repurchase its A-shares to enhance shareholder value and stabilize the company's stock price, with a total repurchase amount ranging from RMB 500 million to RMB 1 billion [1][2][5]. Group 1: Repurchase Plan Details - The repurchased shares will be fully canceled, leading to a reduction in the company's registered capital [1][5]. - The maximum repurchase price is set at RMB 28.77 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1][7]. - The total repurchase amount will not be less than RMB 500 million and not exceed RMB 1 billion [2][5]. Group 2: Funding and Duration - The funding for the repurchase will come from the company's own funds and a special loan for share repurchase [3][5]. - The repurchase period is set for 12 months from the date of approval by the shareholders' meeting [6][9]. Group 3: Expected Impact on Share Capital Structure - Based on the upper limit of the repurchase amount, approximately 34,758,428 shares will be repurchased, accounting for about 0.4679% of the total issued share capital [4][13]. - If the lower limit is used, around 17,379,215 shares will be repurchased, representing about 0.2340% of the total issued share capital [4][13]. Group 4: Compliance and Governance - The repurchase plan complies with relevant regulations, including the Company Law and the rules of the Shenzhen Stock Exchange [5][7]. - The board of directors and all members guarantee the accuracy and completeness of the information disclosed [1][27]. Group 5: Shareholder Engagement - As of the announcement date, there are no plans for share reduction from major shareholders or management within the next six months [4][17]. - The proposal for the repurchase was initiated by the chairman, who expressed confidence in the company's long-term value [17][27].