Core Viewpoint - Dalian Demais Precision Technology Co., Ltd. has announced that its share repurchase plan, which involves a total fund of 50 million to 100 million yuan, has not yet been implemented despite the deadline being over halfway through [1][3]. Group 1: Share Repurchase Plan Overview - The company approved a share repurchase plan on April 21, 2025, intending to use self-owned or raised funds to repurchase A-shares through centralized bidding, with a total fund of no less than 50 million yuan and no more than 100 million yuan, at a maximum price of 23.69 yuan per share [2]. - The purpose of the repurchased shares is clearly defined as implementing equity incentives, with a repurchase period of 12 months from the date of shareholder approval [2]. Group 2: Current Status and Reasons for Delay - As of October 21, 2025, the repurchase period has surpassed the halfway mark, but the company has not initiated the repurchase operations. The reason provided is a comprehensive consideration of secondary market dynamics and related arrangements [3]. - The company has not disclosed a specific timeline for future repurchases, stating it will proceed according to relevant regulations [3]. Group 3: Market Implications - The significant scale of the repurchase plan, involving 50 million to 100 million yuan, is considered an important capital operation for the company. There are market expectations that the company might initiate the repurchase when the stock price is relatively low to stabilize market confidence [4]. - The delay in implementation may raise investor concerns regarding the company's financial arrangements and market judgments [4].

Core Viewpoint - The company plans to repurchase shares through a centralized bidding method, with a total repurchase amount ranging from RMB 100 million to RMB 200 million, aimed at implementing equity incentives and/or employee stock ownership plans in the future [1][3][11]. Summary by Relevant Sections Repurchase Plan Details - The repurchase amount will not be less than RMB 100 million and not exceed RMB 200 million [1][3]. - The funding sources for the repurchase will be the company's own funds and self-raised funds, with a loan commitment of up to RMB 180 million from a bank [1][10]. - The maximum repurchase price is set at RMB 25.70 per share, which is 150% of the average trading price over the previous 30 trading days [1][9]. Repurchase Execution - The repurchase will be conducted through a centralized bidding method and is expected to be completed within 12 months from the board's approval [2][5]. - The estimated number of shares to be repurchased ranges from approximately 389,110 shares to 778,210 shares, accounting for 0.98% to 1.96% of the total share capital [7][8]. Purpose and Impact - The repurchased shares will be used for equity incentives and/or employee stock ownership plans, enhancing investor confidence and aligning the interests of shareholders and employees [5][11]. - The company believes that the repurchase will not significantly impact its operations, financial status, or future development [11][12]. Shareholder Information - As of the board's approval date, major shareholders, including directors and actual controllers, have no plans to reduce their holdings in the next three to six months [2][13]. - The company has established a dedicated securities account for the repurchase, ensuring compliance with regulations [16].