CHALCO(SH:601600) Zheng Quan Zhi Xing·2025-05-28 14:14Core Viewpoint - China Aluminum Corporation announced the decisions made during the 18th meeting of the 8th Supervisory Board, focusing on the repurchase and cancellation of certain restricted stocks and the adjustment of repurchase prices [1][3]. Summary by Sections Stock Repurchase and Price Adjustment - The Supervisory Board approved the repurchase and cancellation of restricted stocks that have been granted but not yet released from restrictions, adjusting the repurchase price from RMB 2.85 per share to RMB 2.72 per share for the initial grant and from RMB 2.01 per share to RMB 1.88 per share for reserved grants [1][2]. Cancellation of Incentive Object Qualifications - The company decided to cancel the qualifications of 6 incentive objects who have retired and will not continue to work for the company, retaining their restricted stocks that meet performance assessment and tenure requirements, totaling 31,793 shares for repurchase [2]. - One incentive object was also canceled due to objective reasons leading to termination, retaining 4,255 shares for repurchase [2]. - Two incentive objects who voluntarily resigned had their qualifications canceled, leading to the repurchase of 176,400 shares [2]. - Four incentive objects with negative circumstances had their qualifications canceled, resulting in the repurchase of 441,960 shares [2]. Total Repurchase Impact - The total number of restricted stocks to be repurchased and canceled amounts to 654,408 shares, which will reduce the company's registered capital by RMB 654,408 [3]. Approval of Release Conditions - The Supervisory Board confirmed that the conditions for the second release period of the 2021 restricted stock incentive plan have been met, allowing for the release of 32,083,238 shares for 904 incentive objects [4].