国金证券变更回购股份用途并注销 2210 万股，提升投资价值

【要点速览】

• 国金证券（600109.SH）董事会于2026年4月22日审议通过了《关于变更回购股份用途并注销的议案》，拟将2023-2024年期间回购的22,102,002股股份（占总股本0.5965%）由“用于员工持股计划及/或股权激励”变更为“用于注销并减少公司注册资本”。
• 本次回购注销完成后，公司总股本将由3,705,364,910股减少至3,683,262,908股，所有已回购股份将全部注销，公司回购专用证券账户中不再剩余回购股份。
• 本事项尚需提交公司股东大会审议，并授权董事会及经营层办理相关注销、章程修订及工商变更手续。

详细内容

1. 回购背景及实施情况

2023年8月29日，国金证券董事会和监事会审议通过股份回购方案，计划以1.5亿元至3亿元自有资金，通过集中竞价交易方式回购股份，回购价格不超过12元/股。回购期限为12个月。自2023年9月22日首次回购起，至2024年2月2日累计回购22,102,002股，约占公司总股本的0.5934%。回购均价为9.14元/股，最高价9.63元/股，最低价8.41元/股，合计支付金额2.02亿元（不含交易费用），回购股份全部存放于专用账户。

2. 变更回购股份用途的原因

公司基于对未来持续稳定发展的信心及维护投资者利益，决定提升每股收益水平与长期投资价值，将原定“员工持股计划及/或股权激励”用途变更为“注销并减少注册资本”。此举有望通过缩减股本，直接提升每股收益和投资者信心，符合《上市公司股份回购规则》《上交所自律监管指引第7号》等监管要求。

3. 注销股份及股本变动详情

本次拟注销22,102,002股无限售条件流通股，注销后公司总股本将降至3,683,262,908股。注销完成后，所有回购股份清零，不再留存在公司回购专用账户。本次变动不会对有限售条件流通股产生影响，具体股本结构变动以中登公司出具的结构表为准。

4. 对公司的影响

• 本次变更和注销不会对公司财务状况、经营成果、债务履约能力及持续经营能力产生重大影响。
• 不会损害公司及全体股东利益，不会导致控股股东或实际控制人发生变化，也不会影响公司上市地位及股权分布。

5. 审议与授权安排

董事会已批准本议案，尚需提交股东大会审议授权。授权事项包括办理回购股份注销、通知债权人、章程修订、工商变更、证照换发、监管申报等，授权期自股东会通过之日起至事项办结止。

对股东及股价的潜在影响

本次回购股份注销，将有效减少公司总股本，预计将提升每股收益和净资产收益率，改善公司股本结构，有助于增强市场对公司长期价值的信心。此举对投资者来说具有潜在的正面价格敏感影响，值得关注。

免责声明： 本文信息来源于公司公告，仅供投资者参考，不构成任何投资建议。投资者应根据自身判断、风险承受能力做出投资决策。

English Version

GF Securities to Cancel 22.1 Million Repurchased Shares, Shoring Up Long-Term Value

Key Highlights

• GF Securities (600109.SH) board approved the proposal on April 22, 2026, to change the use of 22,102,002 shares (0.5965% of its total capital) repurchased in 2023-2024 from “employee stock ownership plan and/or equity incentive” to “cancellation and reduction of registered capital”.
• After cancellation, the total share capital will drop from 3,705,364,910 shares to 3,683,262,908 shares, with all repurchased shares cancelled and none remaining in the company’s repurchase account.
• The proposal is pending approval at the general shareholders’ meeting, with authorization for the board and management to handle all related procedures.

Detailed Overview

1. Buyback Background and Execution

On August 29, 2023, GF Securities’ board and supervisors approved a buyback plan to use RMB 150-300 million of own funds via centralized bidding, at no more than RMB 12 per share, over a 12-month period. From the first buyback on September 22, 2023, to completion on February 2, 2024, the company repurchased 22,102,002 shares (0.5934% of total shares) at an average price of RMB 9.14, with the highest at RMB 9.63 and lowest at RMB 8.41, for a total cost of RMB 202 million (excluding fees).

2. Reason for Change in Usage

To strengthen investor interests and long-term value, the company will cancel the repurchased shares instead of allocating them to employee incentives. Reducing share capital is expected to enhance EPS and investor confidence, and complies with regulatory requirements.

3. Share Cancellation Details

22,102,002 unrestricted shares will be cancelled, reducing total capital to 3,683,262,908. The buyback account will be cleared. No impact on restricted shares. The final capital structure will be confirmed by the central clearing company.

4. Impact on the Company

• No major impact on financial status, business operations, debt service, or sustainability.
• No impairment to shareholders’ interests, no effect on control or listing status.

5. Shareholder Approval and Authorization

The board’s proposal will be submitted for shareholder approval, with authorization for the board and management to handle all share cancellation, creditor notification, charter amendments, and regulatory filings.

Potential Impact on Shareholders and Share Price

This share cancellation will reduce total share count, likely improving EPS and ROE, and optimizing structure. This move is potentially positive for the share price and investor sentiment.

Disclaimer: This article is a summary of official announcements and does not constitute investment advice. Please make investment decisions based on your own judgment and risk tolerance.

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