003015SZSE
🚨 Material Event

Announcement on the Share Repurchase Plan and Repurchase Report

Rijiu Optoelectronics Co., Ltd.··9 pages

✨ AI Summary

Jiangsu Riju Optoelectronics Co., Ltd. plans to repurchase A-shares for the purpose of maintaining company value and shareholder equity. The repurchase will be conducted via centralized bidding at a price not exceeding RMB 18.22 per share. The total funding for this repurchase ranges from RMB 50 million to RMB 100 million. The repurchased shares will be sold within three years after a twelve-month holding period following the disclosure of the repurchase results.

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Full Translation

AI Translation· gemini_document

Stock Code: 003015 Stock Abbreviation: Riju Optoelectronics Announcement No.: 2026-030

Jiangsu Riju Optoelectronics Co., Ltd.

Announcement on the Share Repurchase Plan and Repurchase Report

Important Content Tips:

  1. Type of repurchased shares: RMB-denominated ordinary shares (A shares) issued by the company.

  2. Purpose of repurchased shares: Intended to maintain the company's value and shareholders' equity. The repurchased shares will be sold via centralized bidding twelve months after the disclosure of the repurchase result and share change announcement, and the sale will be completed within three years. If the company fails to complete the sale within the specified period, the unsold shares will be cancelled in accordance with relevant procedures.

  3. Repurchase price: Not exceeding RMB 18.22 per share (inclusive). This price is not higher than 150% of the average trading price of the company's shares for the 30 trading days prior to the board's resolution on the share repurchase.

  4. Repurchase scale: The total amount of funds for this repurchase shall be no less than RMB 50 million (inclusive) and no more than RMB 100 million (inclusive). Based on the price cap of RMB 18.22 per share, the estimated number of shares to be repurchased is approximately 2,744,238 to 5,488,474 shares, representing approximately 0.9764% to 1.9527% of the company's current total share capital.

  5. Source of funds: Self-owned funds.

  6. Repurchase period: Within 3 months from the date the board of directors deliberates and approves the share repurchase plan.

  7. Repurchase method: Centralized bidding through the Shenzhen Stock Exchange trading system.

  8. Shareholding increase/decrease plans of relevant shareholders: Directors Peng Lei, Xu Yijia (also Board Secretary), and senior manager Chen Xinshuai plan to increase their shareholdings in the company within 3 months starting from June 30, 2026.

Related Risk Warnings

  1. If the company's stock price continuously exceeds the repurchase price cap during the implementation period, there is a risk that the repurchase plan cannot be implemented or only partially implemented.

  2. If the company plans major events that significantly impact the stock price during the implementation period, preventing the company from conducting repurchases under relevant rules, there is a risk that the plan cannot be implemented.

  3. If major changes occur in production, operations, financial status, or the external environment, or if the board decides to terminate the plan, there is a risk of non-implementation or modification.

  4. If the company fails to complete the sale of repurchased shares within the specified period, there is a risk that the unsold portion will be cancelled.

  5. If new regulatory documents are issued, there is a risk that the repurchase terms may need to be adjusted.

I. Main Content of the Repurchase Plan

(I) Purpose of the Repurchase

Based on confidence in the company's future prospects and recognition of its intrinsic value, the company intends to use self-owned funds to repurchase shares to maintain company value and shareholder equity.

(II) Compliance with Relevant Conditions

The company's repurchase complies with the relevant provisions of the "Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 9 - Share Repurchase":

  1. The company's shares were listed on October 21, 2020, and have been listed for more than six months.

  2. The company has had no major illegal activities in the last year.

  3. The repurchase amount is between RMB 50 million and RMB 100 million, which will not affect the company's debt performance or sustainable operation capabilities.

  4. The shareholding structure will not change significantly after the repurchase, and the company will continue to meet listing conditions.

  5. Other conditions stipulated by the CSRC and the Shenzhen Stock Exchange are met.

(III) Method and Price Range

  1. Method: Centralized bidding through the Shenzhen Stock Exchange trading system.

  2. Price Range: Not exceeding RMB 18.22 per share. If the company implements cash dividends, stock dividends, capital reserve capitalization, rights issues, or stock splits/consolidations during the period, the price cap will be adjusted accordingly.

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