Core Insights - The event marked the launch of Wufangzhai's 2025 Mid-Autumn Festival campaign, emphasizing the brand's commitment to innovation while preserving traditional Chinese culinary culture [1][24] - Wufangzhai aims to enhance consumer experience with new products and quality, ensuring a safe and delightful Mid-Autumn celebration [2][24] Strategic Initiatives - Wufangzhai's 2025 Mid-Autumn strategy focuses on "new products and new quality" as dual engines to provide consumers with a reassuring and delicious experience [2] - The company has established a strict quality assurance traceability system, achieving certifications such as ISO9001 and HACCP to ensure food safety [4] Supply Chain Enhancements - The establishment of a self-built baking base significantly enhances the supply chain's autonomy and quality assurance capabilities, laying a solid foundation for the successful development of the "Light Sweet Rice Mooncake" series [6] - The new product series aims to meet modern consumers' dual pursuit of health and unique flavor with its soft, glutinous texture and fresh rice aroma [6][12] Product Launches - The event featured the unveiling of two key product lines: the "Heritage Supreme Mooncake Series," which combines Eastern aesthetics with premium ingredients, and the "Light Sweet Rice Mooncake Series," which showcases unique flavors and traditional craftsmanship [10][12] - Both product lines were presented in a captivating fashion show, enhancing the event's cultural atmosphere [14] Collaborative Projects - The launch of the "Wufang Rice Intangible Cultural Heritage Research Co-Creation Project" signifies a fusion of traditional craftsmanship, health concepts, and design innovation, aligning traditional skills with modern industry [15] Marketing and Partnerships - The marketing policies for 2025 were detailed, showcasing Wufangzhai's supply chain, product, and brand advantages to instill confidence in market partners [17] - The event culminated in a ceremonial launch, symbolizing the official start of Wufangzhai's 2025 Mid-Autumn campaign, with a focus on growth in non-zongzi business lines [19] Consumer Engagement - The event featured an immersive product display area, allowing attendees to experience the new products and appreciate the brand's cultural value and innovative spirit [21]

Core Viewpoint - The legal opinion letter from Shanghai Jintiancheng Law Firm confirms that Zhejiang Wufangzhai Industrial Co., Ltd. has obtained the necessary approvals and authorizations for the repurchase and cancellation of part of its restricted stock, in accordance with relevant regulations and its incentive plan [1][12]. Group 1: Approval and Authorization - The company has received independent opinions from its independent directors regarding the proposals related to the 2023 Restricted Stock Incentive Plan [4][5]. - The supervisory board has reviewed and approved the relevant proposals, confirming that no objections were raised during the public solicitation of voting rights [5][6]. - The company has conducted self-inspections regarding insider trading and found no violations [6]. Group 2: Repurchase and Cancellation Details - The repurchase and cancellation of restricted stocks were necessitated by the failure to meet performance assessment targets, with a total of 1,114,143 shares being repurchased due to unmet criteria [9][10]. - The total number of shares involved in the repurchase is 1,147,659, affecting 76 incentive targets, with 33,516 shares related to five individuals who left the company [10]. - The company has established a dedicated securities account for the repurchase and plans to complete the cancellation by July 2, 2025 [10]. Group 3: Compliance and Conclusion - The legal opinion asserts that the reasons, quantities, and arrangements for the repurchase and cancellation comply with the relevant regulations and the incentive plan [11][12]. - The company is required to follow legal procedures for capital reduction and share cancellation registration, along with necessary disclosures [12].

Core Viewpoint - Zhejiang Wufangzhai Industrial Co., Ltd. announced the repurchase and cancellation of 1,147,659 restricted stocks due to unmet performance targets and the departure of certain incentive recipients [1][2][4] Group 1: Repurchase and Cancellation Details - The decision for the repurchase and cancellation was approved during the 19th meeting of the 9th Board of Directors and the 14th meeting of the 9th Supervisory Board on April 15, 2025 [1][2] - The repurchase involves 71 incentive recipients whose performance did not meet the second unlock period's targets, resulting in a total of 1,114,143 shares to be repurchased [2][4] - Additionally, 5 incentive recipients who left the company will have their 33,516 shares repurchased [4] Group 2: Performance Targets - The performance targets for the second unlock period required either a non-net profit growth rate of at least 39% or a cumulative non-net profit growth rate of at least 162% [2] - The company reported a revenue growth rate of -14.57% and a non-net profit growth rate of -9.66% for 2024, failing to meet the required performance targets [2] Group 3: Share Capital Structure Changes - Following the repurchase and cancellation, the total share capital will decrease from 198,273,527 shares to 197,125,868 shares [4][5] - The number of restricted shares will reduce from 76,397,885 to 75,250,226 shares, while the unrestricted shares remain unchanged at 121,875,642 [4][5] Group 4: Shareholder Ownership Changes - The ownership percentage of Shanghai Xinghe Digital Investment Co., Ltd., a major shareholder, will increase from 17.9048% to 18.0091% due to the reduction in total share capital [5] Group 5: Compliance and Legal Opinions - The company confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive recipients or creditors [5][6] - Legal opinions affirm that the repurchase and cancellation align with the management regulations and the incentive plan [6]

Core Viewpoint - Wufangzhai announced a share repurchase plan to buy back and cancel 1,147,659 restricted stocks at a price of 10.16 yuan per share due to unmet performance targets and changes in the status of certain incentive recipients [1][2] Group 1: Share Repurchase Details - The repurchase will reduce the number of restricted shares from 76,397,885 to 75,250,226, while the number of unrestricted shares remains unchanged [1] - The repurchase is based on the failure to meet the performance assessment targets for the second release of restricted shares, with a reported revenue growth rate of -14.57% and a non-recurring net profit growth rate of -9.66% for 2024 [1] Group 2: Incentive Plan and Conditions - The repurchase involves 1,114,143 shares from 71 incentive recipients whose performance targets were not met [1] - Additionally, 33,516 shares will be repurchased from 5 incentive recipients who have left the company, as per the provisions of the incentive plan [1] Group 3: Impact on Company - The company stated that this repurchase will not materially affect its financial status, operational results, or the stability of its core team, nor will it change the control structure of the company [2]

证券代码：603237 证券简称：五芳斋 公告编号：2025-046 浙江五芳斋实业股份有限公司 关于 2023 年限制性股票激励计划部分限制性股票回 购注销实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 回购注销原因：浙江五芳斋实业股份有限公司（以下简称"公司"）于 2025年1月17日召开第九届董事会第十八次会议和第九届监事会第十三次会议， 审议通过了《关于回购注销部分限制性股票及调整回购价格和回购数量的议案》， 并于2025年4月15日召开第九届董事会第十九次会议和第九届监事会第十四次会 议，审议通过了《关于回购注销部分限制性股票的议案》。根据《上市公司股权 激励管理办法》《2023年限制性股票激励计划（草案修订稿）》（以下简称"《激 励计划》"）相关规定以及公司2023年第一次临时股东大会的授权，公司将对《激 励计划》第二个解除限售期的业绩考核指标未达成及激励对象因离职而不再具备 激励对象资格所对应的合计1,147,659股限制性股票进行回购注销。 本次回购注销股份的有关情况 | 回购股份数量 ...

法律意见书 上海市锦天城律师事务所 关于浙江五芳斋实业股份有限公司 部分限制性股票回购注销实施之 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于浙江五芳斋实业股份有限公司 部分限制性股票回购注销实施之 法律意见书 致：浙江五芳斋实业股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受浙江五芳斋实业股份有 限公司（以下简称"公司"、"五芳斋"）委托，作为公司实施 2023 年限制性 股票激励计划(以下简称"激励计划")的特聘专项法律顾问。 本所律师根据《中华人民共和国公司法》(以下简称"《公司法》")、《中 华人民共和国证券法》(以下简称"《证券法》")、《上市公司股权激励管理办 法》(以下简称"《管理办法》")以及《浙江五芳斋实业股份有限公司章程》(以 下简称"《公司章程》")等有关规定，就公司 2023 年限制性股票激励计划部分 限制性股票回购注销实施情况（以下简称"本次回购注销"）相关事宜出具本法 律意见书。 声明事项 一、 本 ...

Core Viewpoint - The company plans to repurchase shares through a centralized bidding process, with a total amount between RMB 35 million and RMB 70 million, aimed at employee stock ownership plans or equity incentives [1][3][4]. Summary by Relevant Sections Repurchase Plan Details - The repurchase amount is set between RMB 35 million and RMB 70 million [1][4]. - The funding source for the repurchase will be the company's own funds [1][4]. - The maximum repurchase price is capped at RMB 29.12 per share, which is 150% of the average trading price over the last 30 trading days prior to the board's decision [1][4][8]. - The repurchase will be conducted via centralized bidding [1][4]. - The duration for the repurchase is set for a maximum of 12 months from the board's approval date [1][4]. Shareholder and Management Plans - As of the announcement date, there are no plans for share reduction by major shareholders, including directors, supervisors, and those holding more than 5% of shares, in the next 3 to 6 months [2][11]. - The board's decision to proceed with the repurchase was unanimously approved with 9 votes in favor [2][3]. Purpose and Impact of the Repurchase - The repurchased shares will be used for employee stock ownership plans or equity incentives; any unutilized shares after 36 months will be canceled [1][4][12]. - The repurchase is expected to enhance the company's long-term value and employee motivation without significantly impacting daily operations or financial stability [9][10]. Financial Metrics - As of March 31, 2025, the company's total assets were RMB 2.653 billion, with net assets of RMB 1.674 billion and a debt-to-asset ratio of 36.85% [9][10]. - The total repurchase amount represents approximately 2.64% of total assets and 4.18% of net assets [9][10]. Regulatory Compliance - The repurchase plan complies with relevant laws and regulations, including the Company Law and Securities Law [3][5]. - The board has authorized management to handle all necessary procedures related to the repurchase [12][14].

证券代码：603237 证券简称：五芳斋 公告编号：2025-045 浙江五芳斋实业股份有限公司 关于以集中竞价交易方式回购股份的预案 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 回购股份金额：不低于人民币 3,500 万元（含）且不超过人民币 7,000 万 元（含）。 回购股份资金来源：自有资金。 回购股份用途：本次回购的股份用于员工持股计划或股权激励；若公司未 能在本次股份回购完成之后 36 个月内将回购股份用于上述用途，则尚未使用的已 回购股份将予以注销。 回购股份价格：不超过人民币 29.12 元/股（含），该价格不高于公司董事 会通过回购股份决议前 30 个交易日公司股票交易均价的 150%。 回购股份方式：集中竞价交易方式。 相关风险提示： 1、本次回购事项存在回购期限内因公司股票价格持续超出回购价格上限，进 而导致本次回购方案无法顺利实施的风险。 2、本次回购股份拟用于实施员工持股计划或股权激励，存在员工持股计划或 股权激励对应方案未能经董事会和股东大会等决策机构审议通过、参与对象放弃 ...

证券代码：603237 证券简称：五芳斋 公告编号：2025-044 浙江五芳斋实业股份有限公司 具体内容详见公司披露于上海证券交易所网站（www.sse.com.cn）的《浙江 五芳斋实业股份有限公司关于以集中竞价交易方式回购股份的预案》（公告编号： 2025-045）。 表决结果：9 票同意，0 票反对，0 票弃权。 三、备查文件 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 浙江五芳斋实业股份有限公司（以下简称"公司"）第九届董事会第二十一次 会议于 2025 年 6 月 27 日（星期五）以通讯方式召开。会议通知已于 2025 年 6 月 20 日通过邮件送达各位董事。本次会议应出席董事 9 人，实际出席董事 9 人。 会议由董事长主持，董事会秘书、监事及高管列席。会议召开符合有关法律 法规、规章和《公司章程》的规定。 二、董事会会议审议情况 出席会议的董事对各项议案进行了认真审议并做出了如下决议： （一）审议通过《关于以集中竞价交易方式回购公司股份方案的议案》 第九届董事会第二十一次会议决议 ...

Core Viewpoint - The company plans to repurchase shares with a budget of 35 million to 70 million yuan, with a maximum repurchase price of 29.12 yuan per share, aimed at enhancing long-term incentive mechanisms and boosting investor confidence [1] Summary by Relevant Sections - **Share Repurchase Details** - The company intends to repurchase between 120.19 thousand and 240.38 thousand shares, which represents 0.61% to 1.21% of the total share capital [1] - The repurchase period is set for up to 12 months from the date of board approval, with funding sourced from the company's own capital [1] - **Purpose of the Repurchase** - The repurchase is designed to implement an employee stock ownership plan or equity incentive, thereby promoting the company's long-term sustainable development [1]