Core Viewpoint - Loxiao Technology plans to change the purpose of its repurchased shares from employee stock ownership plans to complete cancellation, aiming to enhance shareholder value and investor confidence [1][2] Group 1: Share Repurchase and Cancellation - The company announced the cancellation of 13.83195 million shares, which represents 0.72% of its total share capital [1] - This decision is intended to maintain company value and improve earnings per share, thereby fostering long-term stable development [1] - Loxiao Technology has previously conducted two rounds of share repurchases, totaling 42.7737 million shares with an investment of approximately 275 million yuan [1] Group 2: Financial and Operational Implications - The cancellation of shares is expected to enhance capital efficiency and shareholder return levels, aligning with the company's current operational and capital structure [1] - Industry experts believe that such actions, when not affecting normal operations and financial stability, can improve earnings per share and long-term investment value, reinforcing the company's capital foundation for future growth [2]
露笑科技拟变更回购股份用途并注销