接受邀请提呈出售其现有可换股债券的现有可换股债券的合资格债券持有人将合资格收取购回价，合共 相当于根据同步购回提呈以供购回的现有可换股债券本金总额的100%及现有可换股债券的应计但未付 利息。 于本公告日期，公司已透过独家交易经办人收到合资格债券持有人向公司出售本金总额约为5.66亿港元 的现有可换股债券的承诺，且现有可换股债券的余下未偿还本金总额约为7400万港元。 建议发行于2027年到期的8.50亿港元2.80%可换股债券。于2025年7月10日，公司与联席账簿管理人已订 立认购协议，据此，根据认购协议的条款及条件，联席账簿管理人已有条件及个别(而非共同或共同及 个别)同意认购或促使认购及支付公司将予发行本金总额8.50亿港元的债券。债券的发行价将为债券本 金总额的100%，而各债券的面值将为2,000,000港元及其完整倍数。 智通财经APP讯，周大福创建(00659)发布公告，建议同步购回于2025年到期的7.80亿港元4.00%可换股 债券。于2025年7月10日，独家交易经办人与公司订立交易经办人协议，据此，独家交易经办人已就建 议同步购回获委任以(其中包括)协助公司向现有可换股债券的持有人收集 ...

Core Viewpoint - The A-share market is experiencing a significant increase in share buybacks and stock purchases by major shareholders, with a total of 1069 companies implementing buybacks amounting to 750 billion yuan in the first half of 2025, indicating a strong trend in corporate governance and investor confidence [2][3][9] Group 1: Share Buyback Trends - In the first half of 2025, over 1069 A-share companies executed share buybacks totaling 750 billion yuan, with more than 500 companies disclosing buyback plans for a total of over 1400 billion yuan [2][3] - Notable companies such as Kweichow Moutai, XCMG, Muyuan Foods, and CATL have implemented buybacks exceeding 10 billion yuan, showcasing the trend among industry leaders [3] - The buyback plans are being executed efficiently, with over 100 completed buyback plans in the first half of the year [3] Group 2: Specific Buyback Examples - Zijin Mining announced a buyback plan of 6 to 10 billion yuan and completed it within two days, spending nearly 10 billion yuan to repurchase 64.31 million shares [4] - Other companies like Xinyuan Material and Wens Foodstuff have also shown rapid execution of their buyback plans, enhancing investor confidence [5] Group 3: Major Shareholder Purchases - Major shareholders, including state-owned enterprises, are actively increasing their stakes, with the "Three Oil Companies" planning a combined purchase of up to 12.6 billion yuan [6] - Private companies are also participating, with shareholders like Dongfang Shenghong planning to invest between 500 million to 1 billion yuan in their shares [6] Group 4: Loan Support for Buybacks - The People's Bank of China has introduced a stock buyback and increase loan program, reducing the self-funding requirement from 30% to 10% and extending the loan term from 1 year to 3 years [8] - In the first half of 2025, 412 companies received support through this loan program, with a total loan amount of approximately 849.78 billion yuan [9] - Companies like Muyuan Foods and Haier Smart Home have secured significant loan amounts to facilitate their buyback plans, indicating strong institutional support for these initiatives [9]

Summary of Key Points Core Viewpoint - The company has announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2024 annual equity distribution, reducing the limit from 60 CNY to 59.1842 CNY per share [1][2][3]. Group 1: Share Repurchase Details - The company plans to repurchase its shares using its own and self-raised funds through the Shanghai Stock Exchange, with a total repurchase amount between 150 million CNY and 300 million CNY [1]. - The repurchase period will not exceed 12 months from the date of the board's approval of the repurchase plan [1]. Group 2: Reasons for Price Adjustment - The adjustment in the repurchase price limit is due to the cash dividend distribution of 0.82 CNY per share, which will not affect the total number of circulating shares [2][3]. - The formula used for the adjustment is based on the cash dividend and the change in circulating shares, which in this case remains zero due to the nature of the distribution [2]. Group 3: Calculation of Adjusted Price - The adjusted maximum repurchase price is calculated as follows: (60 CNY - 0.8158 CNY) / (1 + 0) = 59.1842 CNY per share [3]. - The estimated number of shares to be repurchased will depend on the actual repurchase situation, based on the lower limit of 150 million CNY [3]. Group 4: Other Matters - Other aspects of the share repurchase plan remain unchanged, and the company will continue to implement the plan based on market conditions while fulfilling disclosure obligations [3].

Core Viewpoint - Sichuan Changhong Electric Co., Ltd. has announced an adjustment to the maximum repurchase price of its shares following the 2024 annual equity distribution, lowering it from RMB 14 per share to RMB 13.95 per share, effective from July 18, 2025 [1][2][3] Summary of Key Points Share Repurchase Overview - The company plans to repurchase its A-shares using its own funds and a special loan for share repurchase, with a total repurchase fund ranging from RMB 250 million to RMB 500 million [1][2] - The repurchase price was initially set at a maximum of RMB 14 per share, with the implementation period lasting 12 months from the approval date [1][2] Reason for Price Adjustment - The adjustment in the repurchase price is due to the company's decision to distribute a cash dividend of RMB 0.05 per share, totaling RMB 230,812,211.10, with the record date on July 17, 2025, and the ex-dividend date on July 18, 2025 [1][2] Details of Price Adjustment - The new maximum repurchase price is calculated as follows: (previous maximum price - cash dividend) / (1 + change in circulating shares ratio) [2][3] - The cash dividend per share is determined to be RMB 0.05, and since there are no changes in circulating shares, the change ratio is 0 [2][3] Estimated Repurchase Quantity - With the adjusted maximum repurchase price of RMB 13.95 per share, the estimated maximum number of shares to be repurchased is approximately 35,842,294 shares, accounting for about 0.78% of the total share capital, while the minimum estimated number is about 17,921,147 shares, or 0.39% of the total share capital [3][4] Other Notes - Other aspects of the share repurchase plan remain unchanged, and the company will continue to comply with relevant regulations during the repurchase period [4]

Core Viewpoint - The company has announced an adjustment to the upper limit of its share repurchase price following the implementation of its 2024 annual equity distribution plan, reducing the limit from 8.90 RMB per share to 8.77 RMB per share, effective from July 17, 2025 [1][3]. Group 1: Share Repurchase Overview - The board of directors approved a plan to repurchase A-shares through centralized bidding, with a total repurchase fund of no less than 200 million RMB and no more than 400 million RMB, at a price not exceeding 8.90 RMB per share, within a 12-month period [1]. - The company’s total share capital as of the end of 2024 is 6,393,980,683 shares, with a proposed cash dividend distribution of approximately 812.04 million RMB, equating to 1.27 RMB per 10 shares [2]. Group 2: Reasons for Price Adjustment - The adjustment in the repurchase price limit is due to changes in the total share capital resulting from the conversion of convertible bonds and other factors, necessitating a corresponding adjustment in the distribution total while maintaining the per-share distribution ratio [2]. Group 3: Specifics of Price Adjustment - The new upper limit for the repurchase price is calculated as 8.90 RMB minus the cash dividend of 0.127 RMB, resulting in an adjusted price of approximately 8.77 RMB per share [3]. - Based on the adjusted repurchase price, the estimated number of shares to be repurchased ranges from approximately 22.81 million to 45.61 million shares, representing about 0.36% to 0.71% of the company's total share capital [3]. Group 4: Other Matters - Aside from the price adjustment, all other aspects of the share repurchase plan remain unchanged, and the company will adhere to relevant regulations while making repurchase decisions based on market conditions [3].

Core Viewpoint - The Hong Kong stock market is experiencing a significant increase in share buybacks, indicating that companies are recognizing their undervalued stock prices and are actively working to optimize their capital structures [1][2][3]. Group 1: Buyback Trends - As of July 10, 2023, 206 Hong Kong-listed companies have initiated buyback plans, involving a total amount of 100.7 billion HKD, surpassing both the previous year and the total for 2023 [1][2]. - Major companies like Tencent Holdings, HSBC, and AIA have led the buyback trend, with their combined buyback amounts exceeding 75% of the total market buybacks [4]. - The buyback activity is not limited to traditional sectors but has expanded to include consumer and healthcare industries, reflecting a broader market confidence [4][5]. Group 2: Market Sentiment and Economic Factors - The current buyback wave is seen as a response to low valuations, with companies signaling their belief in their intrinsic value and the potential for market recovery [2][3]. - The supportive policy environment, including new regulations from the Hong Kong Stock Exchange, has provided companies with greater flexibility for capital operations [2][3]. - The trend indicates a shift in corporate governance, with companies increasingly focusing on shareholder returns and capital efficiency, especially in a low-growth environment [3][5]. Group 3: Future Outlook - Analysts expect the buyback trend to continue, supported by strong financial capabilities and the ongoing valuation mismatch in sectors like technology and finance [5]. - The buybacks are anticipated to boost market sentiment, stabilize stock prices, and enhance the attractiveness of blue-chip stocks in the long term [5][6]. - The dual drivers of buybacks and supportive policies are creating opportunities for investors, although caution is advised regarding external market conditions [6].

Core Insights - The residential land in Dongguan was successfully auctioned for approximately 606 million yuan, with a premium of about 100 million yuan [1] - The project is part of the "Hong Kong City" initiative and introduces an innovative "land transfer + repurchase" model for urban village redevelopment [3][7] Group 1: Land Auction Details - The land parcel is located in Changping Town, covering an area of 15,243.1 square meters, designated for urban residential and commercial use, with a floor area ratio of 5.27 and a maximum building density of 50% [4] - The starting price for the land was set at 49.783 million yuan, and the winning bidder was determined based on the highest bid [4] - The residential and commercial property purchase price is set at 13,650 yuan per square meter, while the price for parking spaces is set at 120,000 yuan each [3][6] Group 2: Project Development and Timeline - The development period for the land is three years, with construction required to commence by August 9, 2026, and completion by August 9, 2029 [4][7] - The properties built on this land will be designated for relocation and compensation purposes, with the local government specifying the beneficiaries for property registration [6] Group 3: Market Analysis and Implications - The low starting price of the land and the profit potential post-development contribute to the high interest from developers, as the "repurchase" model minimizes sales risks [6] - The project aims to leverage the proximity to Hong Kong and the integration of industries to establish a demonstration project for the Guangdong-Hong Kong-Macao Greater Bay Area [7]

证券代码：000050 证券简称：深天马A 公告编号：2025-044 天马微电子股份有限公司 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。 重要内容提示： （1）拟回购股份的种类：公司发行的人民币普通股（A 股）。 （2）拟回购股份的用途：本次回购的股份将用于减少公司注册资本。 （3）拟回购股份的价格区间：本次回购股份价格不超过 12.43 元/股，未超过 公司董事会审议通过回购股份方案决议前 30 个交易日公司股票交易均价的 （4）拟回购股份的资金总额：本次拟用于回购的资金总额为不低于人民币 1.5 亿元且不超过人民币 2 亿元。 （5）拟回购股份的数量、占公司总股本的比例：在回购股份价格不超过人民 币 12.43 元/股的条件下，按回购资金上限人民币 2 亿元测算，预计回购股份数量 约为 16,090,104 股，约占目前公司总股本的 0.65%；按回购总金额下限人民币 1.5 亿元测算，预计可回购股份数量约为 12,067,579 股，约占目前公司总股本的 0.49%。 具体回购数量以回购期限届满时实际回购的股份数量为准。 （6）拟回购股份的资金来源 ...

经中国证券登记结算有限责任公司深圳分公司确认，公司本次回 购股份注销事宜已于 2025 年 7 月 10 日办理完成，回购股份的注销数 量、完成日期、注销期限等均符合相关法律法规要求。本次注销完成 后，公司总股本由 646,326,180 股变更为 641,821,880 股。 三、本次回购注销后公司股本结构的变动情况 证券代码：300677 证券简称：英科医疗 公告编号：2025-097 英科医疗科技股份有限公司 关于回购股份注销完成暨控股股东、实际控制人权 益变动触及 1%的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没 有虚假记载、误导性陈述或重大遗漏。 特别提示： 回 购 股 份 数 量 为 4,504,300 股 ， 占 本 次 回 购 注 销 前 公 司 总 股 本 次回购股份注销事宜已于 2025 年 7 月 10 日办理完成。 实际控制人刘方毅先生持有公司股份比例由 35.85%增加至 36.10%。 一、回购股份情况概述 第三届监事会第十四次会议，审议通过了《关于公司回购股份方案的 议案》，同意公司使用不低于人民币 10,000 万元（含本数）且不超过 人民币 20,000 万 ...

7月10日，嬴集团回购600.00万股股票，每股回购均价0.06港元，共耗资约33.10万港元，本年累计回购 1.82亿股，占总股本7.66%。 截至当日港股收盘，嬴集团下跌3.51%，报0.055港元/股。 本文源自：金融界 作者：港股君 回购日期回购均价回购股数回购金额本年累计回购股数2025-07-100.055600.00万33.10万1.82亿2025-07- 090.057800.00万45.80万1.76亿2025-07-070.058220.00万12.78万1.68亿2025-07-040.061670.00万41.14万 1.65亿2025-07-030.063550.00万34.65万1.59亿2025-07-020.062400.00万24.80万1.53亿2025-06- 270.0671070.00万71.69万1.49亿2025-06-250.064500.00万32.00万1.39亿2025-05-260.0661500.00万98.47万 1.34亿2025-05-230.064550.00万35.35万1.19亿2025-05-220.06381.00万5.14万1.13亿 ...