Summary of Key Points Core Viewpoint - AIA Group has been actively repurchasing its shares, indicating a strong commitment to enhancing shareholder value through significant buyback activities [2][3]. Share Buyback Activities - On July 11, AIA repurchased 4 million shares at prices ranging from HKD 68.250 to HKD 70.600, totaling HKD 280 million [2]. - The stock closed at HKD 69.650 on the same day, reflecting a 2.28% increase, with a total trading volume of HKD 2.726 billion [2]. - Since May 8, the company has conducted buybacks for 46 consecutive days, acquiring a total of 146 million shares for a cumulative amount of HKD 9.835 billion, during which the stock price has risen by 15.11% [2]. Year-to-Date Buyback Summary - Year-to-date, AIA has executed 83 buyback transactions, acquiring a total of 289 million shares for a total expenditure of HKD 17.521 billion [3].

Core Viewpoint - The company plans to repurchase shares to reduce registered capital, with a total repurchase amount between RMB 80 million and RMB 100 million, and a maximum price of RMB 6.6 per share [1][3][4] Summary by Relevant Sections Repurchase Purpose and Amount - The repurchased shares will be used to reduce the company's registered capital [1] - The total repurchase amount is set between RMB 80 million and RMB 100 million [1][4] Funding and Price - The funding sources for the repurchase will be the company's own funds and a special loan for stock repurchase [1][4] - The maximum repurchase price is capped at RMB 6.6 per share [1][3] Expected Repurchase Quantity - The estimated number of shares to be repurchased is approximately 15,151,515 shares, accounting for about 0.88% of the current total share capital of 1,728,184,696 shares [1][4] - The estimated range for the number of shares is between 12,121,212 and 15,151,515 shares [4][5] Repurchase Method and Duration - The repurchase will be conducted through the Shenzhen Stock Exchange trading system via centralized bidding [1][3] - The duration for the repurchase is set for 12 months from the date of approval by the shareholders' meeting [1][3] Compliance and Conditions - The repurchase plan must be approved by the shareholders' meeting, and there are risks associated with not obtaining this approval [2][9] - The company has received a loan commitment from China Everbright Bank for up to RMB 90 million for the repurchase [4][6] Impact on Company Structure - Post-repurchase, the company's total share capital will decrease, with the number of circulating shares expected to be reduced accordingly [5][6] - The management believes that the repurchase will not adversely affect the company's operational, financial, or developmental capabilities [6][7] Management Commitments - The board of directors commits to maintaining the interests of all shareholders and creditors, ensuring that the repurchase does not harm the company's debt repayment ability or ongoing operations [7][8]

天津泰达股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 一、通知债权人的原因 天津泰达股份有限公司（以下简称"泰达股份"或"公司"）分别于 2025 年 四次临时股东大会，审议通过《关于回购公司股份方案的议案》，同意公司使用 回购专项贷款及自有资金以集中竞价交易方式回购部分公司股份，回购的股份将 全部用于注销并减少公司注册资本。根据回购方案，本次回购股份的价格不高于 格上限 5.89 元/股测算，本次拟回购股份数量约为 5,942,275 股至 11,884,550 股， 占总股本 1,475,573,852 股的比例约为 0.40%-0.81%，具体回购股份数量以回购期 满时实际回购的股份数量为准。本次回购股份实施期限为自公司股东大会审议通 过本次回购股份方案之日起不超过十二个月。 证券代码：000652 证券简称：泰达股份 公告编号：2025-72 座 15 层 1503 封封面请注明"申报债权"字样；以电子邮件方式申报的，申报日期以公司收到 电子邮件日期为准，电子邮件标题请注明"申报债权"字样。 （二）债权申报所需材料 公司债权人可持证明债 ...

Core Viewpoint - Jiangsu Hualan Pharmaceutical New Materials Co., Ltd. plans to repurchase its shares using raised funds, self-owned funds, and self-raised funds, with a total repurchase amount between RMB 100 million and RMB 200 million, aimed at capital reduction and employee stock ownership plans [1][2][16]. Summary by Sections Repurchase Funding Sources - The total repurchase amount will not be less than RMB 100 million and not exceed RMB 200 million, with raised funds between RMB 30 million and RMB 60 million, and self-owned and self-raised funds between RMB 70 million and RMB 140 million [1][16]. Purpose of Repurchase - The repurchased shares will be used for capital reduction and employee stock ownership plans or equity incentives. Shares bought with raised funds will be canceled, while those bought with self-owned and self-raised funds may be used for employee incentives in the future [1][13][16]. Types and Methods of Shares to be Repurchased - The shares to be repurchased are ordinary shares (A shares) and will be acquired through centralized bidding [2][12]. Repurchase Timeline and Price - The repurchase period will not exceed 12 months from the date of the shareholders' meeting approval, with a maximum price of RMB 45.50 per share [2][15]. Shareholder Reduction Plans - Major shareholder Ruizhong Life Insurance Co., Ltd. plans to reduce its holdings by up to 3,789,267 shares (3.00% of total shares) between June 4, 2025, and September 3, 2025 [2][20]. Financial Impact and Company Structure - As of March 31, 2025, the total assets of the company were approximately RMB 2.51 billion, and the repurchase funds will account for about 7.98% of total assets and 8.83% of equity attributable to shareholders [17][22]. Compliance and Approval - The repurchase plan has been approved by the board and will comply with relevant laws and regulations, ensuring it does not harm the interests of the company or its shareholders [26][27].

证券代码：600567 证券简称：山鹰国际 公告编号：2025-054 山鹰国际控股股份公司 关于以集中竞价交易方式首次回购股份的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 回购方案首次披露日 2025/6/25 回购方案实施期限 2025 年 6 月 23 日~2025 年 12 月 22 日 预计回购金额 5亿元~10亿元 □减少注册资本 √用于员工持股计划或股权激励 回购用途 √用于转换公司可转债 □为维护公司价值及股东权益 累计已回购股数 1,999,800股 累计已回购股数占总股本比例 0.04% 累计已回购金额 3,879,612元 实际回购价格区间 1.94元/股~1.94元/股 上述回购股份情况符合法律法规的规定及公司回购股份方案的要求。 （公 告编号：临 2025-046）。 海证券交易所网站（www.sse.com.cn）披露了《关于取得金融机构股票回购专项 贷款承诺函的公告》（公告编号：临 2025-050），公司取得中国工商银行股份有限 公司安徽省分行出具的《贷款承诺函》，承诺 ...

截至2025年7月11日，公司已累计回购股份63,444,000股，已回购股份占公司总 股本的比例为1.013%，购买的最高价为1.57元/股、最低价为1.37元/股，已支付的总 金额为90,091,555.00元（不含交易费用）。 本次回购符合相关法律法规的规定及公司回购股份方案的要求。 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第7号 ——回购股份》等相关规定，公司在回购股份期间，回购股份占上市公司总股本的比 例每增加1%的，应当在事实发生之日起3个交易日内予以披露。现将公司回购股份的 进展情况公告如下： 证券代码：600307 证券简称：酒钢宏兴 公告编号：2025-042 甘肃酒钢集团宏兴钢铁股份有限公司 关于以集中竞价交易方式回购股份比例达到1%暨回购 进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 回购方案首次披露日 2025 年 4 月 19 日 自董事会审议通过之日起 3 个月内（即从 2025 年 4 回购方案实施期限 月 18 日至 2025 年 7 月 ...

证券代码：688215 证券简称：瑞晟智能 公告编号：2025-024 浙江瑞晟智能科技股份有限公司 关于 2024 年年度权益分派实施后调整回购股份价格 上限的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： ? 调整前回购股份价格上限：不超过人民币 46.05 元/股（含）。 ? 调整后回购股份价格上限：不超过人民币 38.32 元/股（含）。 公司于 2024 年 10 月 8 日召开 2024 年第二次临时股东大会，审议并通过《关 于以集中竞价交易方式回购公司股份方案的议案》。公司拟以自有资金以集中竞 价交易方式回购公司股份，本次回购的股份将在未来用于员工持股计划或股权激 励计划。回购资金总额不低于人民币 1,000 万元（含），不超过人民币 2,000 万 元（含），回购价格不超过 24.12 元/股（含），回购期限自 2024 年第二次临时股 东大会审议通过本次回购方案之日起 12 个月内。 具体内容详见公司于 2024 年 10 月 11 日在上海证券交易所网站（www.sse. com. ...

Core Viewpoint - The company, Meike Home (600337), has announced an extension of its share repurchase plan by 9 months, now set to end on April 27, 2026, while other aspects of the repurchase plan remain unchanged [1] Summary by Relevant Sections - **Share Repurchase Plan** - The implementation period for the share repurchase has been extended to April 27, 2026, from the previous end date [1] - The new implementation period will be from July 28, 2024, to April 27, 2026 [1] - The extension has been approved by the company's eighth board of directors and will be submitted for shareholder meeting approval [1] - **Current Repurchase Status** - As of the announcement date, the company has repurchased a total of 1.79 million shares, representing 0.12% of the total share capital [1] - The highest purchase price for the repurchased shares was 1.57 yuan per share, while the lowest was 1.47 yuan per share [1] - The total amount spent on the repurchase, excluding transaction taxes, is 2.6748 million yuan [1]

风险提示：本文所提到的观点仅代表个人的意见，所涉及标的不作推荐，据此买卖，风险自负。 作者： 张翼轸 来源：雪球 3500点， 这个点位 ， 像一道刻在A股历史中的无形分水岭 。 分水岭的一侧 ， 是2007和2015年那两段短暂却疯狂的记忆 ； 另一侧 ， 则是漫长到让人几乎麻木的 、 在3500点之下的 " 躺平 " 岁月 。 所以 ， 当上证指数再一次站上这个位置时 ， 市场的气氛就变得微妙起来 ： 兴奋中夹杂着不安 ， 期待中 混合着怀疑 。 尤其是对许多老股民而言 ， 那份熟悉的 " 恐高症 " ， 似乎又一次准时到场了 。 毕竟 ， 在本世纪二十多年的时间里 ， 除了那两波被铭记的牛市 ， 绝大多数时间上证指数都运行在3500 点之下 。 以至于太多老股民都不相信 A股能有长期牛市这件事了 。 谁是A股真正的 " 空头 " ？ 这倒不怪老股民 ， 早些年的 A股 ， 是有制度性缺陷的 。 记得刚入行开始写证券报道时 ， 类似 " 多空争夺 " 之类的提法 ， 是常用在报道中的 。 无它 ， 有个 " 多头 " ， 有个 " 空头 " ， 冲突性就强多了 。 一段持续失血的历史 但恰恰是在让 " 钱 ...

在4月初投资银行业务交易短暂暂停之后， 并购和首次公开募股(IPO)业务在 5 月和 6 月大幅加速。 截至 6 月 30 日，全球公布的并购交易量在二季度同比增长 30%，而 5 月 1 日时这一数据为同比下降 22%。北 美股票资本市场交易量在6月30日二季度结束时增长了 49%，而 4 月 24 日时这一数据为同比下降 33%。 点击蓝字，关注我们 摩根士丹利发布研报展望银行股二季度财报，并上调多家银行目标价。 智通财经APP获悉，美国最新的财报季即将拉开序幕，一般由华尔街大行财报打头阵;在下周美国各大银 行公布财报之前，摩根士丹利发布研报上调了高盛(GS.US)、摩根大通(JPM.US)、花旗(C.US)、地区金融 (RF.US)、PNC金融集团(PNC.US)、美国合众银行(USB.US)与Truist Financial(TFC.US)的目标价。 大摩指 出，资本市场已重新活跃起来，预计股票交易将十分活跃，投资银行业务收入将高于管理层的预期。 由 于近期的压力测试后资本要求有所降低，大摩预计管理层将开始公布股票回购计划及管理缓冲措施的相 关情况。 其中，大摩最看好高盛与摩根大通的财报，均给予这两家 ...