QUNXING(SZ:002575) Zheng Quan Zhi Xing·2025-05-25 08:22Core Viewpoint - The company has completed the repurchase and cancellation of certain restricted stocks under its 2019 and 2023 incentive plans, affecting a total of 26.22 million shares, which represents 4.08% of the company's total share capital prior to the repurchase [1][10]. Group 1: 2019 Restricted Stock Incentive Plan - The company decided to terminate the 2019 restricted stock incentive plan due to the inability to continue its implementation following an audit report that expressed an inability to provide an opinion on the financial statements [7]. - A total of 30 million shares were granted to 51 incentive targets under the 2019 plan, with 2.621 million shares being repurchased and canceled due to one target's shares being judicially frozen [3][7]. - The repurchase price for the canceled shares was set at 3.70 yuan per share, totaling 97,003,600 yuan [1][8]. Group 2: 2023 Restricted Stock Incentive Plan - The company approved the 2023 restricted stock incentive plan, granting 24 million shares to 13 incentive targets at a price of 2.66 yuan per share, with the first grant date set for November 1, 2023 [5][6]. - One target was disqualified due to a change in their position, leading to the repurchase and cancellation of 10,000 shares at the grant price [9]. - The total amount for the repurchase of the 2023 plan shares was 26,600 yuan, sourced from the company's own funds [9]. Group 3: Impact of Repurchase and Cancellation - Following the repurchase and cancellation, the company's total share capital decreased from 642.72 million shares to 616.5 million shares [10]. - The repurchase will not affect the company's operational performance or financial status significantly, nor will it change the company's status regarding controlling shareholders [10].