Core Viewpoint - Zhejiang Hars Vacuum Vessel Co., Ltd. initiated its first share buyback on September 2, 2025, through the Shenzhen Stock Exchange, reflecting the company's confidence in its value and future development [1] Buyback Plan Overview - On April 20, 2025, the company approved a plan to repurchase public shares, intending to use its own funds and a special loan for stock buybacks, with a total amount between 80 million yuan (approximately 11.2 million USD) and 160 million yuan (approximately 22.4 million USD) [2] - The maximum buyback price was set at 11.00 yuan per share, later adjusted to 10.85 yuan per share due to the 2024 annual equity distribution [2] Buyback Progress - As of August 31, 2025, the company had not yet purchased any shares, with the first buyback occurring on September 2, 2025, in compliance with relevant regulations [3] - The buyback process adhered to the guidelines set by the Shenzhen Stock Exchange, ensuring no significant impact on stock prices during the decision-making period and compliance with trading requirements [3] - The company plans to continue the buyback within the designated period based on market conditions and will fulfill its information disclosure obligations as required [3]

Group 1 - The 2025 World Brand Moganshan Conference is being held in Deqing County, Zhejiang, focusing on the theme "Brand Makes the World Better" [1] - Companies are leveraging technological innovation to break into high-end markets and enhance brand value, as highlighted by the president of Zhejiang Hars Vacuum Vessel Co., Ltd. [1] - The conference emphasizes the importance of brand construction and high-quality development in the context of a new round of technological revolution and industrial transformation [1][2] Group 2 - Traditional industries are utilizing AI and big data to diversify products, as seen in the case of Haitian Flavoring & Food Co., which has developed over 1,600 varieties of sauces while maintaining flavor consistency [2] - The automotive sector, particularly in electric vehicles, showcases China's leading position, driven by continuous innovation and unique product offerings [2] - Cultural integration is essential for enhancing brand influence, with companies like Pop Mart using trendy toys to express and preserve traditional culture [3] Group 3 - Chinese brands are evolving from followers to creators of new models and standards, gaining global recognition and value [3] - The conference highlights the role of culture as the soul of a brand, emphasizing the need for brands to connect with cultural narratives to enhance their appeal [3]