中顺洁柔纸业股份有限公司回购报告书

Core Viewpoint - Zhongshun Jierou Paper Co., Ltd. plans to repurchase its A-shares using its own funds, with the aim of implementing an employee stock ownership plan or equity incentive plan in the future [2][7]. Group 1: Repurchase Plan Details - The total amount for the repurchase will be no less than RMB 30 million and no more than RMB 60 million, with a maximum repurchase price of RMB 9.77 per share [2][10]. - The estimated number of shares to be repurchased is approximately 3,070,625 to 6,141,248 shares, accounting for about 0.24% to 0.48% of the company's total share capital [2][10]. - The implementation period for the repurchase is from April 2, 2025, to April 1, 2026 [2][13]. Group 2: Approval and Compliance - The repurchase plan has been approved by the company's sixth board of directors at its eighth meeting [3]. - The company has opened a dedicated securities account for the repurchase at the Shenzhen branch of China Securities Depository and Clearing Corporation Limited [4][23]. - The repurchase complies with relevant regulations, including having been listed for more than six months and having no major legal violations in the past year [7][9]. Group 3: Funding and Financial Impact - The funds for the repurchase will come entirely from the company's own resources [12]. - As of September 30, 2024, the company's total assets were RMB 9.558 billion, with net assets attributable to shareholders of RMB 5.414 billion, indicating sufficient cash flow to support the repurchase [16]. Group 4: Shareholder and Management Plans - As of the announcement date, there are no clear plans for share reductions by directors, supervisors, senior management, or major shareholders during the repurchase period [5][17]. - The management believes that the repurchase will not adversely affect the company's operational activities, financial status, or future development [16][17].