ANGEL YEAST(600298) 证券之星·2025-05-25 08:22Group 1 - The company is implementing a repurchase and cancellation of restricted stocks due to 39 incentive targets no longer meeting the incentive conditions because of resignation and job transfers [1][2] - The repurchase involves a total of 506,200 shares, with 488,000 shares from the 2020 incentive plan and 18,200 shares from the 2024 incentive plan [2][3] - The decision for the repurchase was approved by the company's board and supervisory committee, and legal opinions were obtained confirming the compliance of the process [2][4] Group 2 - After the repurchase, the total number of shares will decrease from 868,644,671 to 868,138,471, with the remaining shares under the 2020 incentive plan being zero [3][4] - The company assures that the repurchase will not change the controlling shareholder or actual controller, and the equity distribution will still meet listing requirements [3][4] - Legal opinions confirm that the repurchase process is compliant with relevant laws and regulations, and the company will fulfill its information disclosure obligations [4][5]