辽宁成大股份有限公司回购注销公告深度解读
要点概述
- 辽宁成大股份有限公司（600739）宣布完成回购股份并将予以注销，注册资本相应减少。
- 回购股份数量为7,393,888股，占公司总股本的0.4834%。
- 注销后公司总股本由1,529,709,816股减少至1,522,315,928股，注册资本同步减少。
- 本次回购均价为13.53元/股，回购总金额约1亿元人民币。
- 本次注销股份不会影响公司控股股东和实际控制人，不影响上市地位。
- 公司未收到债权人异议，程序合规顺利推进。
详细内容
一、回购背景及过程
2022年5月，公司董事会及股东大会审议通过以自有资金1亿元至2亿元，通过集中竞价交易方式回购股份方案。回购价格不超过22.07元/股，后因权益分派调整至21.85元/股。回购股份主要用于实施股权激励计划，回购期限为不超过12个月。
2023年5月31日，回购期限届满，公司以13.00元/股至14.02元/股的价格成功回购7,393,888股，完成回购任务，回购均价为13.53元/股，支付总额为100,052,494.19元（不含佣金等费用）。
二、回购股份注销决策及程序
2026年3月30日及4月15日，公司召开董事会和临时股东大会，审议通过注销已回购股份并减少注册资本的议案。注销股份全部为回购专用账户股份7,393,888股。公司依法公告通知债权人，并于公示期内未收到任何异议或要求清偿债务的通知，流程合规。
公司已向上交所提交注销申请，注销日期为2026年6月1日，后续将依法办理工商变更登记。
三、股份变动及对公司的影响
| 类别 | 注销前股份数 | 注销前比例 | 注销后股份数 | 注销后比例 |
|---|---|---|---|---|
| 有限售股份 | – | – | – | – |
| 无限售股份 | 1,529,709,816 | 100.00% | 1,522,315,928 | 100.00% |
| 回购账户股份 | 7,393,888 | 0.4834% | – | – |
| 股份总数 | 1,529,709,816 | 100.00% | 1,522,315,928 | 100.00% |
注销后，公司股本缩减，注册资本由15.297亿人民币降至15.223亿人民币。此举有助于提升每股收益和净资产收益率，有望提振市场信心，属于价格敏感信息。
四、对投资者的特别提示
- 本次回购注销不会导致公司控股股东、实际控制人发生变化。
- 不会影响公司财务状况和经营业绩，亦不会影响公司上市地位。
- 股本减少有助于提升每股指标，属于利好消息。
- 公司程序合规，过程透明，未收到债权人异议，风险可控。
结论
辽宁成大的本次回购及注销股份动作体现了公司对股东负责、优化资本结构的决心。对于投资者而言，股份回购并注销有助于提升每股价值，有望对公司股价形成正面支撑，值得持续关注。
免责声明：本报道仅供投资者参考，不构成任何投资建议。投资有风险，入市需谨慎。请投资者结合自身情况和专业意见做出决策。
English Translation
In-depth Analysis: Liaoning Chengda Co., Ltd. Share Buyback and Cancellation Announcement
Key Points Summary
- Liaoning Chengda (600739) announced completion of its share buyback, with the repurchased shares to be cancelled and registered capital reduced accordingly.
- Total repurchased shares: 7,393,888, accounting for 0.4834% of total equity.
- After cancellation, total shares will decrease from 1,529,709,816 to 1,522,315,928; registered capital will decrease correspondingly.
- Buyback average price: RMB 13.53/share; total buyback amount: ~RMB 100 million.
- The cancellation will not affect the controlling shareholder, actual controller, or listing status.
- No creditor objections were received; procedures are compliant and progressing smoothly.
Full Details
1. Background and Process of Buyback
In May 2022, the board and shareholders approved a buyback program using RMB 100-200 million of self-owned funds, via centralized bidding at no more than RMB 22.07/share (later adjusted to RMB 21.85/share due to rights distribution). The shares were intended for an equity incentive plan, with a buyback period not exceeding 12 months.
By May 31, 2023, the buyback was completed with 7,393,888 shares repurchased at prices between RMB 13.00 and RMB 14.02 per share, with an average price of RMB 13.53/share and a total outlay of over RMB 100 million (excluding commissions and expenses).
2. Decision and Procedure for Share Cancellation
On March 30 and April 15, 2026, the board and an extraordinary general meeting approved the cancellation of the repurchased shares and the corresponding reduction in registered capital. All 7,393,888 shares in the buyback account will be cancelled. After required creditor notification and a public notice period, no objections or claims were received, ensuring compliance.
The company has submitted the cancellation application to the Shanghai Stock Exchange, with the cancellation date set for June 1, 2026. Business registration changes will follow in accordance with regulations.
3. Impact on Share Capital and the Company
| Type | Before Cancellation | Before Ratio | After Cancellation | After Ratio |
|---|---|---|---|---|
| Restricted Shares | – | – | – | – |
| Unrestricted Shares | 1,529,709,816 | 100.00% | 1,522,315,928 | 100.00% |
| Repurchase Account | 7,393,888 | 0.4834% | – | – |
| Total Shares | 1,529,709,816 | 100.00% | 1,522,315,928 | 100.00% |
After cancellation, share capital shrinks from RMB 1.529 billion to RMB 1.522 billion. This move is expected to improve EPS and ROE, likely boosting investor confidence and being price-sensitive.
4. Important Notes for Investors
- The buyback and cancellation will not change the controlling shareholder or actual controller.
- No significant impact on financials or operations; listing status remains unchanged.
- Reduced share capital could enhance per-share indicators—a positive signal.
- All procedures lawful and transparent; no creditor objections, risks are controlled.
Conclusion
Liaoning Chengda’s buyback and cancellation demonstrates management’s commitment to capital optimization and shareholder value. The move is likely to support share price and is considered a positive, price-sensitive development worthy of investor attention.
Disclaimer: This report is for information only and does not constitute investment advice. Investments carry risk—please make decisions carefully and seek professional help if needed.
