On the evening of May 4, a number of A-share companies such as Huayuan Holdings, Haineng Industry, Dongwang Times, Panwei Network, Xinzhicognition, and Rongsheng Environmental Protection disclosed their share repurchase plans.

Some companies such as Dongwang Times clearly pointed out that the purpose of repurchasing shares is to maintain the company's value and shareholders' rights and interests.

  Several companies disclosed repurchase plans

  Some listed companies set a shorter repurchase period.

Taking Huayuan Holdings as an example, the repurchase plan disclosed by the company on the evening of May 4 shows that the total amount of funds for the repurchase of shares this time is not less than 40 million yuan, taking into account the company's financial status, operating conditions and future profitability. (inclusive) and not more than 80 million yuan (inclusive).

The implementation period of the share repurchase shall not exceed 3 months from the date when the board of directors considers and approves the share repurchase plan.

Wind data shows that Huayuan Holdings’ secondary market share price has fallen by 19.08% in April.

  From the perspective of repurchase purposes, market value management, implementation of equity incentive plans, and employee stock ownership plans accounted for a relatively high proportion.

Some listed companies have multiple purposes.

  The repurchase report disclosed by Rongsheng Environmental Protection on the evening of May 4 shows that the company plans to use its own funds to repurchase company shares of no less than 100 million yuan and no more than 200 million yuan, and the repurchased shares will be used for the company's management and core The backbone implements employee stock ownership plans or equity incentive plans, or converts corporate bonds issued by listed companies that can be converted into stocks.

If the repurchased shares are not used up within 36 months after the implementation of the share repurchase, the unused repurchased shares will be cancelled.

The share repurchase period is 12 months from the date when the company's board of directors considers and approves the share repurchase plan.

  The repurchase report disclosed by Xinzhi Cognitive shows that based on the confidence in the company's future development prospects and the recognition of the intrinsic investment value, in order to safeguard the interests of investors, enhance investors' investment confidence in the company, and further improve the company's long-term incentives The mechanism will fully mobilize the enthusiasm of the company's middle and senior management personnel, core and backbone personnel, and promote the company's long-term development. The company will use its own funds to buy back 50 million to 100 million company shares.

The repurchased shares will be used for equity incentives.

If the company fails to implement the equity incentive plan within three years, or the relevant shares used for equity incentive cannot be granted within three years, the shares repurchased by the company will be cancelled according to law.

The specific method is determined in accordance with the provisions of relevant laws and regulations.

  Significant shareholders plan to increase their holdings by a large amount

  In addition to the above listed companies that have issued repurchase plans, some companies have disclosed plans to increase their major shareholders' shareholdings.

  SAIC Motor announced on the evening of May 4 that based on its confidence in the company's future development prospects and recognition of the company's long-term investment value, SAIC Motor Corporation, the company's controlling shareholder, plans to use its own funds within 6 months from May 5, 2022. To increase the company's A shares through the methods permitted by the Shanghai Stock Exchange, the proposed increase in the amount of shares is not less than 1.6 billion yuan and not more than 3.2 billion yuan. No price range is set for this increase.

The controlling shareholder will choose the opportunity to implement the plan within the implementation period of this share increase plan.

  Some listed companies have made a combination of "repurchase + major shareholder increase".

  Taking Panwei Network as an example, the company announced on the evening of May 4 that the controlling shareholder Wei Lidong plans to increase the company's shares with its own funds within 6 months from May 5, 2022. The proposed increase price does not exceed 60 yuan. / share, the amount of shares to be increased is not less than 30 million yuan and not more than 50 million yuan.

Fluctuations in the company's stock price may lead to uncertainty about the specific implementation time and price of the Willidong shareholding increase plan.

Before the implementation of this shareholding increase plan, Wei Lidong and his concerted action person Wei Jinkun held a total of 51.18% of the company's shares.

  On the same day, Panwei Network released an announcement on the plan to repurchase shares through centralized bidding transactions.

The company plans to repurchase the company's shares within 6 months from the date when the board of directors considers and approves the share repurchase plan, not less than 120 million yuan (inclusive) and not more than 200 million yuan (inclusive).

  According to the previous announcement of Panwei Network, Tianjian Certified Public Accountants (special general partnership) issued an audit report with an unqualified opinion on the company's 2021 annual financial report with an emphasis on matters paragraph.

The audit institution believes that Fanwei Network Company and its subsidiaries increased capital to Genyan Network in 2018 and 2019, and Genyan Network is a company controlled by the controlling shareholder, actual controller and chairman Wei Lidong of Fanwei Network Company through an associated natural person; Fanwei Network in 2021 The Internet company has transferred real estate to its director, senior executive Wang Chenzhi and senior executive Sui Qing, and neither has performed the decision-making procedures for related party transactions and failed to disclose information in a timely manner.