Important Notice:
-
Types and Uses of Repurchased Shares: The types of repurchased shares are the B shares issued by the company listed in the domestic market. The repurchased shares will be used for reducing the company's registered capital.
-
Sources of Funds for Repurchase: The company will use its own funds for the repurchase of shares, with the total amount not less than RMB 500 million and not exceeding RMB 1 billion.
-
Repurchase Price: Not exceeding RMB 4.81 per share.
-
Repurchase Quantity: Under the condition that the repurchase price does not exceed RMB 4.81 per share, the repurchase amount is limited to RMB 1 billion. It is estimated that the number of repurchased shares will not be less than 20 million shares, accounting for approximately 0.54% of the company's total shares. Under the limit of RMB 500 million, it is estimated that the number of repurchased shares will not be less than 10 million shares, accounting for approximately 0.27% of the company's total shares.
-
Repurchase Period: The repurchase will be submitted for board approval and will not exceed 12 months.