Shulou(Shulou.com)11/24 Report--

On October 25, Cyrus announced that the company intends to use its own funds to buy back shares in a centralized bidding transaction for other purposes permitted by employee stock ownership plans, equity incentives or national policies and regulations. The total amount of the proposed repurchase shall not be less than RMB 200 million and shall not exceed RMB 400 million; according to the price ceiling of 150% of the average trading price of the company's shares in the 30 trading days prior to the adoption of the repurchase resolution by the company's board of directors, the proposed repurchase price shall not exceed 91 yuan per share.

The proposed repurchase number is about 2197802 to 4395604 shares, accounting for about 0.15% to 0.29% of the company's current total share capital, and the repurchase period is within 12 months from the date of examination and approval by the board of directors.

The announcement said that the buyback is based on firm confidence in the company's future development and a high degree of recognition of the company's long-term value, in order to safeguard the interests of the company and shareholders, enhance investor confidence, and promote the reasonable return of the company's stock value. promote the healthy and sustainable development of the company and establish a good capital market image of the company.

CTOnews.com learned that in October this year, Cyrus Group Co., Ltd. released production and sales of KuaiBao in September, and its September sales of new energy vehicles reached 17596, an increase of 341.33 percent over the same period last year. Among them, Selis sold 10142 vehicles in September, an increase of 598.00 percent over the same period last year. Earlier, Cyrus Group and Huawei jointly launched AITO M5 / M5 EV / M7 and other models, which delivered 10142 vehicles in September, a record high. In addition, since August, the AITO interlocution series has delivered more than 10,000 in a single month for two consecutive months.

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