八亿时空股份回购进展及现金管理安排

Group 1 - The company has recently initiated a share buyback program and plans to utilize idle raised funds for cash management [1] - As of December 31, 2025, the company has repurchased a total of 477,000 shares, representing 0.35% of the total share capital, with a total expenditure of approximately 13.37 million yuan, at a buyback price range of 27.69 yuan to 28.20 yuan per share [2] - The buyback plan is set to continue until May 15, 2026, with the company indicating that it will proceed based on market conditions for employee stock ownership plans or equity incentives [2] Group 2 - On December 23, 2025, the company announced plans to use up to 25 million yuan of temporarily idle raised funds for cash management, investing in safe and liquid principal-protected financial products [3] - The investment authorization is valid for 12 months from the date of board approval [3]