Summary of Key Points Core Viewpoint - Chengdu Qinchuan Internet of Things Technology Co., Ltd. has announced a share repurchase and subsequent reduction plan to maintain company value and shareholder rights, with specific timelines and conditions for the repurchase and sale of shares [2][4]. Group 1: Share Repurchase Details - The company repurchased a total of 10,436,909 shares from February 22, 2024, to May 14, 2024, which will be sold through centralized bidding within three years after the announcement of the repurchase results [2]. - As of the announcement date, the company holds 8,205,114 shares in the repurchase account, representing 4.88% of the total share capital [3]. Group 2: Reduction Plan - The company plans to reduce up to 1,680,000 shares, equivalent to 1% of the total share capital, within three months after the announcement, starting 15 trading days later [4]. - The reduction will be adjusted if there are changes in the total share capital due to stock dividends or capital increases [4]. Group 3: Financial Implications - The funds raised from the share reduction will be used to supplement the company's working capital, and the management believes this will not significantly impact the company's operations or future development [8].
成都秦川物联网科技股份有限公司关于回购股份集中竞价减持股份计划公告