黑龙江国中水务股份有限公司发布股份回购预案，积极推进员工激励与股东价值维护
一、回购方案核心要点
- 回购金额：公司拟以自有资金回购总额不低于2,000万元（含），不超过2,500万元（含），具体金额以回购期满实际使用金额为准。
- 回购价格上限：不超过2.50元/股（含），该价格不高于董事会决议前30个交易日公司股票交易均价的150%。
- 回购股份数量：预计回购800万股至1,000万股，约占总股本的0.5%~0.62%。
- 资金来源：全部为公司自有资金。
- 回购股份用途：拟全部用于实施员工持股计划或股权激励，若三年内未完成转让，将依法注销未转让股份。
- 实施方式：通过上海证券交易所集中竞价交易方式。
- 回购期限：自股东会审议通过方案起不超过12个月。
- 风险提示：存在因股价高于回购价格上限导致回购无法实施、公司情况变化或监管新规影响回购等风险。
二、对股东的重要提示与潜在影响
- 提振市场信心：公司主动回购股份，显示管理层对公司未来发展和长期价值的高度认可，有助于提振投资者信心。
- 完善激励机制：回购股份将用于员工持股或股权激励，有利于提升公司凝聚力、创新能力和核心竞争力，推动公司可持续健康发展。
- 对财务影响有限：回购金额占总资产、净资产和流动资产比例分别为0.76%、0.85%、2.04%，对日常经营和偿债能力影响较小。
- 不影响上市地位：回购完成后公司控制权不变，股权分布仍符合上市要求。
- 股份变动安排：若回购股份未在三年内全部实施员工持股计划或股权激励，将依法注销未授出部分。
- 防范债权人利益风险：如需注销股份，公司将依规履行通知债权人等法定程序。
- 高管及大股东无减持计划：公司董事、高管、控股股东及其一致行动人、实际控制人、持股5%以上股东在未来3个月、6个月均无减持计划。
三、实施进程与后续安排
- 公司已于2026年5月14日召开董事会通过回购方案，并将于2026年6月1日召开临时股东大会审议。
- 回购期限自股东会审议通过起12个月内，如提前用足回购资金或董事会决定终止，回购也将提前结束。
- 如遇重大事项或停牌，回购将顺延实施。
- 公司经营管理层获授权根据市场及公司实际情况灵活实施回购，包括择机回购时间、价格、数量等。
- 如遇新监管政策，公司将及时调整回购条款并履行披露义务。
四、投资者须特别关注的风险提示
- 如公司股价持续高于回购价格上限，回购方案存在无法实施风险。
- 若公司生产经营、财务状况或外部环境有重大变化，或监管政策调整，回购方案可能调整或终止。
- 若回购股份三年内未用于员工持股或股权激励，相关股份将予以注销。
- 公司将根据市场情况及时披露回购进展，投资者需密切关注后续信息披露。
五、结语
本次股份回购预案显示公司管理层对未来发展信心充足，回购行为有助于维护股东利益、带动公司治理提升与激励机制完善。投资者需关注回购进展及相关风险，密切关注公司后续公告。
免责声明：本文信息基于公司公告整理，仅供投资者参考，不构成任何投资建议。投资有风险，敬请审慎决策。
Heilongjiang Guozhong Water Co., Ltd. Announces Share Repurchase Plan to Drive Incentive Mechanism and Shareholder Value
Key Points of the Repurchase Plan
- Repurchase Amount: The company will use its own funds to repurchase shares totaling no less than RMB 20 million (inclusive) and no more than RMB 25 million (inclusive), subject to the actual amount used at the end of the repurchase period.
- Repurchase Price Cap: Not more than RMB 2.50 per share (inclusive), which does not exceed 150% of the average stock price over the 30 trading days prior to the board’s resolution.
- Shares to Be Repurchased: 8 million to 10 million shares, accounting for approximately 0.5% to 0.62% of the total share capital.
- Funding Source: 100% from the company’s own funds.
- Purpose: All repurchased shares are intended for employee stock ownership plans or equity incentives. If not fully transferred within three years of the repurchase result announcement, the unused shares will be cancelled according to regulations.
- Method: Repurchase via centralized bidding through the Shanghai Stock Exchange.
- Repurchase Period: No more than 12 months from the date of shareholder meeting approval.
- Risk Warning: Risks include the stock price staying above the repurchase cap, company or regulatory changes affecting implementation, etc.
Important Information and Potential Impact for Shareholders
- Boosts Market Confidence: The buyback signals management’s strong confidence in the company’s long-term prospects and value, and is expected to boost investor sentiment.
- Incentive Mechanism Enhancement: Repurchased shares will be used for employee incentives, helping to increase corporate cohesion and innovation capacity, and improve core competitiveness for sustainable growth.
- Limited Financial Impact: The repurchase amount represents 0.76% of total assets, 0.85% of net assets, and 2.04% of current assets, with minimal impact on daily operations or debt repayment ability.
- Listing Status Unaffected: There will be no change in company control or share distribution; listing status remains intact.
- Share Change Arrangements: If the shares are not fully transferred for incentive purposes within three years, they will be cancelled according to the law.
- Creditor Protection: The company will fulfill legal notification procedures for creditors if shares are cancelled.
- No Insider Selling: Directors, senior managers, controlling shareholders, actual controllers, and holders of 5% or more shares have no plans to reduce their holdings in the next 3 or 6 months.
Implementation Progress and Follow-up Arrangements
- The board passed the buyback plan on May 14, 2026. The extraordinary general meeting will be held on June 1, 2026, for approval.
- The repurchase period is up to 12 months from approval, or ends earlier if funds are exhausted or the board terminates the plan.
- If there are major events or trading suspensions, the repurchase will be extended accordingly.
- Management is authorized to act flexibly regarding timing, price, and volume based on market and company conditions.
- If new regulatory policies arise, the company will promptly adjust the plan and disclose accordingly.
Risks That Investors Should Pay Attention To
- If the stock price stays above the repurchase price cap, the plan may not be implemented.
- Major changes in company operations, finance or the regulatory environment could require plan adjustment or termination.
- If shares are not used for incentive plans within three years, they will be cancelled.
- The company will disclose progress and any changes in a timely manner; investors should monitor for updates.
Conclusion
The share repurchase plan demonstrates strong management confidence and is expected to support shareholder value, enhance governance, and improve incentive mechanisms. Investors should closely monitor the plan’s progress and associated risks, and pay attention to subsequent company disclosures.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please make investment decisions prudently.
