Core Viewpoint - The company plans to implement a share buyback program to enhance investor confidence and support its long-term development, with a total investment amount between 1.5 billion and 2.5 billion yuan, at a price not exceeding 10 yuan per share [2][6][7]. Group 1: Buyback Plan Details - The buyback will be conducted by the controlling shareholder, Hengyi Group, and its action-in-concert party, Hengyi Investment, which collectively hold 50.28% of the company's shares [3][6]. - The buyback amount is set to be no less than 150 million yuan and no more than 250 million yuan, with the buyback price capped at 10 yuan per share [7]. - The implementation period for the buyback plan is from December 2, 2025, to June 1, 2026, excluding any periods where regulations prohibit share purchases [7]. Group 2: Funding and Support - Hengyi Group has received loan commitments from two banks, with a total of up to 1 billion yuan in special loans to support the share buyback [8]. - The buyback will utilize both self-owned funds and the special loan, executed through the Shenzhen Stock Exchange via various trading methods [7][8]. Group 3: Compliance and Risk Factors - The buyback plan complies with relevant laws and regulations, ensuring that it will not affect the company's share distribution or control [10][11]. - There are potential risks associated with the buyback plan, including market conditions and stock price fluctuations that may delay or prevent the execution of the plan [9].
恒逸石化股份有限公司 关于控股股东及其一致行动人增持股份计划 暨取得金融机构股份增持专项贷款承诺函的公告