Neusoft Corp

Since July, more than 50 listed tech companies have announced share buyback plans, but most repurchase ratios are low, raising market doubts about the effectiveness of the move. According to company repurchase proposals, among 47 firms that disclosed specific figures, only 13 plan to buy back more than 1% of shares, with three in the 2% to 3% range, one above 3%, and the rest below 1%. Looking at the 39 tech companies that have already executed buybacks, only Linkage Software, ST Tianji, and Neusoft Corporation have repurchased more than 2%, at 2.56%, 2.36%, and 2.12% respectively. Meanwhile, Linkage Software, which has the highest planned ratio, intends to buy back shares equal to 3.11% of its total share capital. Experts note that a buyback ratio that is too low is unlikely to produce a meaningful financial effect and can easily be seen as a symbolic gesture. Only a high-percentage buyback that reaches a certain threshold can truly boost market confidence.

Neusoft Group announced that the company plans to repurchase shares through centralized competitive bidding, with a total repurchase amount of no less than 100 million yuan and no more than 200 million yuan, funded by its own capital. The repurchase price will not exceed 11.67 yuan per share, and the repurchase period is within three months after approval by the board of directors. All shares repurchased will be cancelled upon completion, aiming to safeguard the company's value and shareholder interests.

On the evening of July 9, multiple A-share listed companies issued announcements on share buybacks and stake increases. Neusoft announced that, because its stock price is below net asset value per share, it plans to buy back shares worth 100 million to 200 million yuan and cancel them all. Based on a maximum buyback price of 11.67 yuan per share, the number of shares to be repurchased is approximately 8.57 million to 17.14 million, accounting for 0.72% to 1.43% of total share capital. Yibai Pharmaceutical will cancel 7.53 million repurchased shares, representing 0.95% of total share capital, after which total share capital will change to 784 million shares. Unigroup Guoxin will cancel 6.40 million shares because the repurchased shares were not used for an incentive plan within 36 months. Sansure Biotech will cancel 4.45 million shares to reduce registered capital, aiming to boost earnings per share. Chongqing Pharmaceutical has completed the cancellation procedures for 15.41 million repurchased shares. Dazhong Mining made its first buyback of 580,000 shares, with a transaction amount of 17.51 million yuan. Jiayi Holdings made its first buyback of 64,200 shares, with a transaction amount of 1.99 million yuan. Qingmu Technology plans to buy back shares worth 20 million to 30 million yuan for incentive purposes. On the stake increase side, Sheng Jianhua, one of the actual controllers of Xidian New Energy, increased his stake by 614,900 shares, with an amount of 19.45 million yuan. Actual controllers Sheng Jianhua and Pan Shuxin plan to increase their combined stake by 10 million to 20 million yuan. The controlling shareholder of Shenghang Shipping, Wanda Holding Group, plans to increase its stake by no more than 6.10 million shares, with an amount of 66 million to 96 million yuan. Liu Xiaodong, the actual controller of Bairun Holdings, increased his stake by 1.12 million shares, with an amount of 17.98 million yuan, and plans to continue increasing his stake by 50 million to 100 million yuan. Some directors and senior executives of Longxi Bearing increased their combined stake by 67,400 shares, with an amount of 909,400 yuan.