泰和新材拟回购注销573.26万股限制性股票，因业绩考核未达标及人员变动

Core Viewpoint - Taihe New Materials Group Co., Ltd. plans to repurchase and cancel part of its restricted stock due to unmet performance assessment criteria for the second unlock period of the 2022 restricted stock incentive plan and the departure of some incentive recipients [1] Group 1: Background of Repurchase and Cancellation - Since November 2022, Taihe New Materials has been advancing the 2022 restricted stock incentive plan, including board and supervisory board meetings to approve the plan draft and assessment management methods, obtaining approval from the Yantai State-owned Assets Supervision and Administration Commission, and completing the public announcement of the list of incentive recipients [2] Group 2: Unmet Unlock Conditions - The performance assessment requirements for the second unlock period of the 2022 restricted stock incentive plan included a net profit growth rate of not less than 35% or 50% for 2024, and a weighted average return on equity of not less than 11.50% or 12% for 2024. However, the company failed to meet these performance criteria for 2024 [3] Group 3: Details of Repurchase and Cancellation - A total of 5,732,600 shares of restricted stock will be repurchased and canceled, accounting for 0.66% of the company's total share capital of 862,945,783 shares and 48.55% of the total granted under the 2022 incentive plan. After the repurchase, the total granted will decrease from 12,095,200 shares to 6,062,600 shares [4] - The repurchase price is adjusted to 8.60 CNY per share due to a cash dividend distribution plan. The funds for this repurchase will come from the company's own funds [4]