Core Viewpoint - The company, Lingmeng Film (09857), has announced a share buyback plan, reflecting confidence in its business prospects and aiming to enhance shareholder value [1] Group 1: Share Buyback Authorization - Shareholders approved a general and unconditional authorization for the board of directors to repurchase up to 10% of the issued shares as of the annual general meeting date, which amounts to a maximum of 36.1576 million shares [1] - The board of directors decided to exercise this buyback authorization on December 9, 2025, intending to repurchase shares in the open market using the company's own funds [1] Group 2: Rationale for Buyback - The company believes that the current share trading price does not adequately reflect its intrinsic value and business outlook [1] - The share buyback is seen as a long-term confidence signal in the company's growth potential, aiming to enhance net asset value per share and profitability [1] - This action is aligned with the best interests of the company and its shareholders, expected to bring benefits and create value for shareholders [1]
柠萌影视(09857)拟根据购回授权购回股份