Summary of Key Points Core Viewpoint - The board's remuneration and assessment committee of Ningbo Water Meter (Group) Co., Ltd. has conducted a thorough review of the 2024 employee stock ownership plan and the 2024 stock option incentive plan, confirming that the adjustments and actions taken are in compliance with relevant laws and regulations, and will not significantly impact the company's financial status or harm the interests of shareholders [1][2][3]. Group 1: Employee Stock Ownership Plan - The adjustments to the 2024 employee stock ownership plan are in accordance with the Company Law and relevant guidelines, with a legal and effective review process [1]. - The company plans to repurchase and cancel a total of 1,737,250 shares due to the failure to meet the performance assessment targets for the first unlocking period of the 2024 employee stock ownership plan [2]. - The repurchase and cancellation of unvested shares will not have a significant impact on the company's financial status or harm the interests of shareholders [2]. Group 2: Stock Option Incentive Plan - The adjustment of the exercise price for the 2024 stock option incentive plan complies with relevant laws and regulations, and the process is legal and compliant [3]. - The first exercise period conditions for the 2024 stock option incentive plan were not met, leading to the cancellation of 938,750 stock options due to performance targets not being achieved and the departure of four incentive recipients [3]. - The cancellation of stock options is within the authorization granted by the shareholders' meeting and will not significantly impact the company's financial status or harm the interests of shareholders [3].

Summary of Key Points Core Viewpoint - The supervisory board of Ningbo Water Meter (Group) Co., Ltd. has conducted a thorough review of the 2024 Employee Stock Ownership Plan and the 2024 Stock Option Incentive Plan, confirming that the adjustments and actions taken are in compliance with relevant laws and regulations, and do not adversely affect the company's financial status or shareholder interests. Group 1: Employee Stock Ownership Plan - The adjustments to the 2024 Employee Stock Ownership Plan are in accordance with the Company Law and relevant guidelines, with a legal and effective review process [1] - The revisions will not have a significant impact on the company's financial condition or operational results, nor will they harm the interests of the company and all shareholders [1][2] Group 2: Stock Option Incentive Plan - The conditions for unlocking the first phase of the 2024 Employee Stock Ownership Plan were not met, leading to the planned repurchase and cancellation of 1,737,250 shares [2] - The adjustment of the exercise price for the 2024 Stock Option Incentive Plan complies with relevant laws and regulations, with a legal and compliant review process [2][3] - Due to unmet performance targets, a total of 938,750 stock options will be canceled, which is legally valid and does not negatively impact the company's financial status or shareholder interests [3]

Core Viewpoint - The legal opinion letter addresses the adjustments to the 2024 employee stock ownership plan of Ningbo Water Meter (Group) Co., Ltd., confirming that the adjustments comply with relevant laws and regulations [1][11]. Group 1: Legal Framework and Compliance - The legal opinion is based on various laws including the Company Law, Securities Law, and specific guidelines for employee stock ownership plans [2][4]. - The law firm conducted thorough verification of documents provided by the company, ensuring their authenticity and completeness [3][4]. - The adjustments to the employee stock ownership plan have received necessary approvals and are in line with legal requirements [7][12]. Group 2: Adjustments to the Employee Stock Ownership Plan - The company plans to adjust the performance assessment criteria for the employee stock ownership plan, specifically regarding the handling of equity in cases where performance targets are not met [7][11]. - The performance targets for unlocking stock rights are set at a minimum revenue growth rate of 8% for 2024 and 13% for 2025, based on the average revenue of 2022 and 2023 [8][10]. - The adjustments also include changes in the management structure of the employee stock ownership plan, such as the cancellation of the supervisory board's role and the delegation of responsibilities to the remuneration and assessment committee [10][11].

Core Viewpoint - The legal opinion letter issued by Beijing Jingtian Gongcheng Law Firm Shanghai Branch confirms the compliance of Ningbo Water Meter (Group) Co., Ltd.'s stock repurchase and cancellation related to the 2024 employee stock ownership plan with relevant laws and regulations [1][9]. Group 1: Employee Stock Ownership Plan - The company is repurchasing and canceling part of the stock related to the 2024 employee stock ownership plan due to the failure to meet performance assessment targets for the first unlocking period [6][9]. - The first unlocking period is set to occur 12 months after the last transfer of the target stocks to the employee stock ownership plan, with a performance growth target of at least 8% for 2024 [7]. - The second unlocking period will occur 24 months after the last transfer, with a performance growth target of at least 13% for 2025 [7]. Group 2: Repurchase Details - The company plans to repurchase 1,737,250 shares at a price of 6.80 yuan per share, which corresponds to the original investment amount plus interest [5][8]. - Following the repurchase, the total share capital is expected to decrease from 201,699,184 shares to 199,961,934 shares [8]. - The repurchase and cancellation process has been approved by the necessary internal procedures and is awaiting shareholder meeting approval [6][9]. Group 3: Legal Compliance - The legal opinion confirms that the repurchase and cancellation of shares do not harm the interests of the company or its shareholders and comply with the Company Law, Securities Law, and relevant self-regulatory guidelines [9][11]. - The company is required to complete the necessary registration and capital reduction procedures following the approval from the shareholders' meeting [12].

Group 1 - The company held its ninth supervisory board's fourth meeting on August 27, 2025, which complied with relevant laws and regulations [1][2] - The supervisory board approved adjustments to the 2024 employee stock ownership plan, changing the method of equity disposal in case of unmet performance targets [1][2] - The company will repurchase and cancel 1,737,250 shares that did not unlock due to unmet performance targets in the 2024 employee stock ownership plan [2][3] Group 2 - The supervisory board approved the adjustment of the exercise price for the 2024 stock option incentive plan from 11.41 yuan to 11.21 yuan per share [4][5] - The board confirmed that the adjustment of the exercise price complies with relevant regulations and does not harm the interests of the company and its shareholders [4][5] - The board also approved the cancellation of 938,750 stock options due to unmet performance targets and the departure of some incentive recipients [5][6] Group 3 - The company prepared its 2025 semi-annual report and summary, which accurately reflects its operational results and financial status for the first half of 2025 [6][7] - The supervisory board found that the report's preparation and review process complied with all relevant regulations and internal management systems [6][7] - The board approved a special report on the storage and actual use of raised funds for the first half of 2025, confirming compliance with regulations and no misuse of funds [8]

Group 1 - The company, Ningbo Water Meter (Group) Co., Ltd., has announced the date for its second extraordinary general meeting of shareholders, which will be held on September 15, 2025 [2][4] - The meeting will adopt a combination of on-site and online voting methods, with the online voting system provided by the Shanghai Stock Exchange [2][3] - Shareholders must register to attend the meeting, with specific documentation required for different types of shareholders [4][5] Group 2 - The agenda for the meeting includes several proposals, including the non-cumulative voting proposal and the proposal regarding the repurchase and cancellation of unvested shares [1][6] - The company has set the record date for shareholders eligible to attend the meeting as September 8, 2025 [3][4] - The meeting will take place at the company's administrative conference room located at 358 Beihai Road, Jiangbei District, Ningbo [2][4]

Group 1 - The core viewpoint of the article highlights that Ning Shui Group (603700.SH) reported a significant increase in revenue and net profit for the first half of 2025 [1] Group 2 - The company achieved an operating revenue of 706 million yuan, representing a year-on-year growth of 10.44% [1] - The net profit attributable to shareholders of the parent company was 53.63 million yuan, showing a substantial year-on-year increase of 76.83% [1] - The basic earnings per share were reported at 0.27 yuan [1]

每经AI快讯，宁水集团（SH 603700，收盘价：12.26元）8月28日晚间发布公告称，公司第九届第四次 董事会会议于2025年8月27日在公司会议室以现场形式召开。会议审议了《关于2025年半年度报告及摘 要的议案》等文件。 每经头条（nbdtoutiao）——世界首例基因编辑猪肺成功移植人体 对话主要参与者：距离临床应用还有 多远？ （记者 张喜威） 2024年1至12月份，宁水集团的营业收入构成为：仪器仪表制造业占比99.27%，其他业务占比0.73%。 截至发稿，宁水集团市值为25亿元。 ...

证券代码：603700 证券简称：宁水集团 公告编号：2025-044 宁波水表（集团）股份有限公司 关于 2024 年股票期权激励计划第一个行权期行权条 件未成就及注销部分股票期权的公告 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。 宁波水表（集团）股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开第九届董事会第四次会议和第九届监事会第四次会议，审议通过了《关于 2024 年股票期权激励计划第一个行权期行权条件未成就及注销部分股票期权的 议案》。根据公司 2024 年股票期权激励计划（以下简称"本次激励计划"）的 有关规定，公司拟将本次激励计划第一个行权期行权条件未成就对应的股票期权 及离职激励对象已获授但尚未行权的股票期权予以注销。现将相关情况公告如下： 一、本次激励计划已履行的审议程序及实施情况 1、2024 年 4 月 12 日，公司召开第八届董事会薪酬与考核委员会第二次会 议，审议通过了《关于<宁波水表（集团）股份有限公司 2024 年股票期权激励计 划（草案）>及其摘要的议案》《关于<宁波水表 ...

关于调整 2024 年股票期权激励计划行权价格的公告 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。 宁波水表（集团）股份有限公司（以下简称"公司"）于 2025 年 8 月 27 日召开第九届董事会第四次会议和第九届监事会第四次会议，审议通过了《关于 调整 2024 年股票期权激励计划行权价格的议案》，同意将公司 2024 年股票期权 激励计划（以下简称"本次激励计划"）的行权价格由 11.41 元/份调整为 11.21 元/份。现将相关情况公告如下： 一、本次激励计划已履行的审议程序及实施情况 证券代码：603700 证券简称：宁水集团 公告编号：2025-043 宁波水表（集团）股份有限公司 1、2024 年 4 月 12 日，公司召开第八届董事会薪酬与考核委员会第二次会 议，审议通过了《关于<宁波水表（集团）股份有限公司 2024 年股票期权激励计 划（草案）>及其摘要的议案》《关于<宁波水表（集团）股份有限公司 2024 年 股票期权激励计划考核管理办法>的议案》，并提交董事会审议。 2、2024 年 4 月 13 ...