Ningxia Younglight Chemicals (SZ:000635) Zheng Quan Zhi Xing·2025-05-21 11:38Core Viewpoint - Ningxia Yinglite Chemical Co., Ltd. has announced a plan to repurchase and cancel part of its restricted stock, resulting in a reduction of registered capital and total shares outstanding [1][2]. Group 1: Stock Repurchase and Capital Reduction - The company will repurchase and cancel restricted stocks due to six incentive targets leaving the company for reasons such as job transfer and retirement, which disqualifies them from the stock incentive plan [1]. - The registered capital will decrease from RMB 303,486,737 to RMB 303,087,602, and the total shares will reduce from 303,486,737 to 303,087,602 [1]. Group 2: Notification to Creditors - The company is notifying creditors that they have 45 days from the announcement date (May 22, 2025) to claim debts or request guarantees due to the capital reduction [2]. - Creditors must provide valid documentation to prove their claims, including contracts and agreements, when submitting their claims [2][3]. Group 3: Claim Submission Process - Claims can be submitted via mail, fax, or email, with specific instructions provided for each method [3]. - The company’s Securities and Legal Affairs Department is responsible for handling these claims during specified hours [3].