Core Viewpoint - Sichuan Changhong has announced a share repurchase plan with a total fund amounting to no less than RMB 250 million and no more than RMB 500 million, with a maximum repurchase price of RMB 14 per share, intended for equity incentives. As of June 30, 2025, the company has not yet implemented the share repurchase [1]. Summary by Relevant Sections - **Repurchase Plan Details** - Total repurchase fund is set between RMB 250 million and RMB 500 million [1] - Maximum repurchase price is capped at RMB 14 per share [1] - The purpose of the repurchase is to implement equity incentives [1] - **Implementation Timeline** - The implementation period for the repurchase is within 12 months from the approval date by the company's shareholders [1] - As of June 30, 2025, the company is still in the process of opening a dedicated securities account for the repurchase [1]

Core Viewpoint - The implementation of the stock repurchase and increase loan policy has led to a significant response from listed companies and major shareholders, with a total repurchase amount reaching 88.2 billion yuan as of June 24, 2023 [1] Group 1: Policy Impact - The policy has a multi-dimensional positive impact on the market, helping to solidify the long-term development foundation of listed companies and creating a synergy between production and finance [1] - The participation in repurchase and increase actions has diversified, with increased involvement from private enterprises and small to mid-cap companies [1] - The policy covers a wide range of capital markets, benefiting various segments from the main board to the Sci-Tech Innovation Board and the Growth Enterprise Market [1] Group 2: Fund Utilization - A significant portion of the funds is allocated for stock repurchases, with 287 cases reported for this purpose [1] - Companies are planning to use repurchased shares for equity incentives or cancellation [2] Group 3: Compliance and Risk Management - Companies using the repurchase and increase loan tools need to establish a comprehensive compliance system covering policy adaptation, contract control, information disclosure, and risk isolation [2] - It is crucial for companies to pay attention to sensitive periods and insider information during the implementation of repurchase and increase actions [2] Group 4: Recommendations for Improvement - To enhance the effectiveness of the stock repurchase and increase loan policies, it is recommended to deepen strategic cooperation between financial institutions and enterprises, optimize approval processes, and establish a fund usage tracking mechanism [2] - A comprehensive regulatory system should be constructed to ensure that funds genuinely serve the enhancement of enterprise value and the healthy development of the capital market [2]

Group 1 - The company has approved a share repurchase plan with a total fund amount not less than RMB 100 million and not exceeding RMB 200 million [1] - The repurchase price will not exceed RMB 26.37 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1] - The implementation period for the share repurchase is within twelve months from the approval date at the 2024 annual general meeting [1] Group 2 - As of May 31, 2025, the company has not yet implemented the share repurchase, and the progress aligns with the established plan and legal requirements [1] - The company will continue to assess market conditions to implement the share repurchase plan within the designated period [2]

拟回购股份的基本情况 四川九洲电器股份有限公司（以下简称四川九洲或公司）拟 使用自筹资金和回购专项贷款，通过深圳证券交易所交易系统以 集中竞价交易方式回购部分公司已发行的人民币普通股（A 股） 股票，本次回购股份将用于依法注销并减少注册资本。公司拟用 于回购的资金总额不低于人民币 1 亿元（含）且不超过人民币 2 亿元（含），具体回购资金总额以回购完毕或回购实施期限届满 时实际回购股份使用的资金总额为准，回购股份的价格为不超过 人民币 26.37 元/股（含）。本次回购股份的实施期限为自公司 具体回购股份的数量和占公司总股本的比例以回购完毕或回购 实施期限届满时实际回购的股份数量为准。 证券代码：000801 证券简称：四川九洲 公告编号：2025032 四川九洲电器股份有限公司 回购报告书 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： 相关股东是否存在增减持计划 截至本公告披露日，公司董事、监事、高级管理人员，控股 股东、实际控制人及其一致行动人在回购期间暂无明确的增减持 计划，若未来拟实施增减持计划，公司将按相关规定及时履行信 息披露义务 ...

Core Viewpoint - The announcement details the implementation of the 2024 interim profit distribution plan by Gree Electric Appliances, which includes a cash dividend of 10.00 yuan per 10 shares for all shareholders, totaling approximately 5.58 billion yuan in cash dividends [2][3][6]. Group 1: Profit Distribution Plan - The profit distribution plan was approved at the shareholders' meeting held on April 22, 2025, with a base of 5,521,943,646 shares for the cash dividend distribution [3][4]. - The total cash dividend to be distributed is 5,521,943,646 yuan, with no stock dividends or capital reserve transfers [2][3]. - The cash dividend per 10 shares, calculated based on the total share capital, is 9.970959 yuan [2][6]. Group 2: Shareholder Eligibility and Dates - The record date for the dividend distribution is May 14, 2025, and the ex-dividend date is May 15, 2025 [8]. - The cash dividends will be directly credited to the accounts of shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [8][9]. Group 3: Taxation and Dividend Distribution Method - The cash dividend for Hong Kong market investors and certain foreign institutions will be 9.00 yuan per 10 shares after tax [6]. - The company will not withhold individual income tax for personal shareholders at the time of distribution; tax will be calculated based on the holding period when shares are sold [6][7].

Group 1 - The core point of the article is that Sichuan Changhong reported a significant increase in net profit for the first quarter of 2025, with a year-on-year growth of 96.68% [1] - The company's operating revenue for the first quarter reached 26.837 billion yuan, reflecting a year-on-year increase of 12.89% [1] - The primary reason for the substantial profit increase is attributed to the fair value increase of its invested enterprise, Huafeng Technology [1]