On December 27, Chongqing Xishan Technology (688576), a leader in medical device segmentation, announced that it intends to use its own funds to repurchase shares through centralized bidding transactions on the Shanghai Stock Exchange within 12 months from now on, with a total repurchase fund of not less than 0500 million yuan (inclusive), not more than 100 million yuan (inclusive), and the repurchase of shares** does not exceed 13580 yuan shares (inclusive), the repurchased shares are intended to be used for employee stock ownership plans or equity incentives at an appropriate time in the future.
On December 27, Xishan Science and Technology reported 8780 yuan, up 106%, turnover rate 350%, price-to-earnings (TTM) 4811, with a total market capitalization of 465.4 billion yuan.
Xishan Technology said that this is based on the confidence in the company's future development and the high recognition of the company's value, in order to establish and improve the long-term incentive mechanism, fully mobilize the enthusiasm of employees, improve team cohesion and competitiveness, effectively combine the interests of shareholders, the company and employees, and promote the healthy and sustainable development of the company.
According to the upper limit of this repurchase ** 13580 yuan shares (that is, the issue price of Xishan Technology's new shares) estimates, the number of shares repurchased this time is about 26820,000 shares to 73640,000 shares, accounting for about 069% to 139%。
As of the end of September this year, the company's total assets were 220.6 billion yuan, net assets attributable to the parent company of 210.7 billion yuan, current assets 200.6 billion yuan. According to the upper limit of 100 million yuan in this repurchase, they account for the above financial data. 98%, according to the company's operation and future development plan, the buyback will not have a significant impact on the company's operation, finance and future development. The company's overall asset-liability ratio is only 449%, which will not have a significant impact on the company's solvency.
Previously, Guo Yijun, the actual controller, chairman and general manager of the company, had increased his holdings in the company through centralized bidding on November 16040,000 shares;Another actual controller, Ms. Li Daihong, increased her holdings in the company by 080,000 shares, and its shareholding increase plan has not yet been completed (the minimum number of shares increased is 20,000 shares).
Upstream news reporters learned that Xishan Technology achieved a total operating income of 2 in the first three quarters of 20231.4 billion yuan, a year-on-year increase of 3015%；Net profit attributable to the parent company was 6484440,000 yuan, a year-on-year increase of 4914%；Deduct non-net profit of 5726160,000 yuan, a year-on-year increase of 3970%；Net cash flow from operating activities was 1826460,000 yuan, a year-on-year decrease of 5174%；During the reporting period, Xishan Technology's basic earnings per share was 147 yuan, and the weighted average return on equity was 659%。
Upstream news reporter Liu Yong and intern Wang Yunmei.