JH Group(SH:603518) Zheng Quan Zhi Xing·2025-05-29 09:35Core Viewpoint - The company has decided to repurchase and cancel 269,500 restricted stocks from its 2023 incentive plan due to the departure of certain incentive recipients and unsatisfactory performance evaluations [1][2]. Summary by Sections Decision and Disclosure - The decision to repurchase and cancel the restricted stocks was approved during the board meeting on October 21, 2024, and the first extraordinary shareholders' meeting on February 27, 2025 [1]. - The repurchase price is set at 4.10 yuan per share, and the company has applied for the cancellation of these stocks with the China Securities Depository and Clearing Corporation [1][2]. Repurchase and Cancellation Details - The repurchase is based on the company's 2023 incentive plan, which stipulates that stocks cannot be released from restrictions if the recipients leave the company or fail to meet performance criteria [2]. - A total of 10 individuals, including middle management and key personnel, are involved in this repurchase, resulting in a total of 269,500 shares being canceled [2][3]. Impact on Share Structure - Following the cancellation, the total number of restricted shares will decrease to 2,363,550, and the overall share count will reduce by 269,500 shares [3][5]. Compliance and Commitments - The board assures that the repurchase and cancellation process complies with relevant laws and regulations, and it will not adversely affect the company's operations [4][6]. - The company has confirmed the accuracy and completeness of the information regarding the repurchase and has communicated this to the relevant incentive recipients [6].