SEPTWOLVES(SZ:002029)2025-05-15 09:02Group 1: Share Buyback and Financial Performance - The company has executed a share buyback plan approved in July 2024, repurchasing 28,813,206 shares, which is 4.09% of the total share capital, with a total transaction amount of ¥158,544,724.08 [1] - The company reported that its main business, excluding financial interest income, is not profitable, but it will continue to focus on its core business and reform its "Seven Wolves" business model [1] - The company announced a valuation enhancement plan on March 1, 2025, to improve investment value and shareholder returns through various measures including share buybacks and cash dividends [2] Group 2: Market Strategy and Investments - Online sales accounted for approximately 36% of total sales in 2024, with minimal impact from cross-border e-commerce [3] - The company has invested ¥10,000,000 in a fund targeting a total commitment of at least ¥800,000,000, representing 12.5% of the minimum target [4] - The company is actively embracing AI technology to optimize processes and reduce costs, with applications in product development and brand promotion [4] Group 3: Corporate Governance and Shareholder Relations - The company has not engaged in any transactions with shareholder Hong Zejun, who is alleged to have influenced stock prices [2] - There are no current discussions regarding privatization, and the company plans to distribute dividends within two months after the annual shareholders' meeting on April 24, 2025 [3] - The company is considering the suggestion of offering consumption discount coupons to shareholders who have held shares for over a year [6]