BSCTECH(SZ:300951) Zheng Quan Zhi Xing·2025-05-20 13:59Core Viewpoint - The company announced the adjustment of the repurchase price and the cancellation of restricted stocks due to the failure to meet the conditions for the third release of restrictions in the 2022 stock option and restricted stock incentive plan [12][13][15]. Group 1: Incentive Plan Approval Process - The company held board meetings to approve the 2022 stock option and restricted stock incentive plan, including the management methods and the authorization for the board to handle related matters [1][4]. - The independent directors and the supervisory board provided clear consent and verification for the incentive plan [2][4]. Group 2: Performance Assessment and Repurchase - The performance assessment for the third release of restrictions was not met, with a cumulative net profit growth rate of 227.96% from 2022 to 2024, resulting in a score of 0 for the company [13]. - The company will repurchase and cancel all restricted stocks that could not be released due to unmet conditions, involving 27 incentive objects and a total of 364,000 shares [12][15]. Group 3: Repurchase Price Adjustment - The repurchase price for the restricted stocks was adjusted from 23.35 yuan per share to 22.105 yuan per share [7][12]. - The repurchase will be funded entirely from the company's own funds [14]. Group 4: Impact on Company Structure - Following the repurchase, the total share capital will decrease from 169,474,272 shares to 169,110,272 shares, with a reduction of 364,000 shares in restricted stocks [14]. - The proportion of restricted shares will change from 10.84% to 10.65% of the total share capital [14]. Group 5: Legal Opinions and Compliance - Legal opinions confirmed that the repurchase and cancellation of restricted stocks comply with relevant laws and regulations, ensuring no harm to the interests of the company and its shareholders [16][17].