YUNNEI POWER(SZ:000903) Xin Lang Cai Jing·2025-05-20 11:48Core Viewpoint - The company Kunming Yunnei Power Co., Ltd. has decided to repurchase and cancel a portion of restricted stocks, which will lead to a reduction in its registered capital [1]. Summary by Sections Repurchase and Cancellation Reasons and Share Quantity - The company will repurchase and cancel a total of 14,807,763 shares of restricted stock due to the failure to meet the release conditions for the second unlock period of the 2022 restricted stock incentive plan, as well as the resignation of one incentive object and the death of two others. This represents 0.7595% of the company's current total share capital [2]. Changes in Share Capital and Registered Capital - After the completion of the repurchase and cancellation, the total number of shares will decrease from 1,949,769,173 shares to 1,934,961,410 shares. Correspondingly, the registered capital will change from 1,949,769,173 yuan to 1,934,961,410 yuan. The final changes in share structure will depend on the actual situation after the application is submitted to the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. [3]. Creditor Matters - According to the Company Law and other regulations, creditors can request debt repayment or provide corresponding guarantees within 30 days of receiving the company's notification or within 45 days from the date of this announcement if no notification is received. The specific application period is from May 21, 2025, to July 4, 2025. The application must be submitted to the company's securities affairs office located at 66 Jingjing Road, Economic Development Zone, Kunming, Yunnan Free Trade Pilot Zone [4].