Berun Chemical(SZ:000683) Shang Hai Zheng Quan Bao·2025-05-29 21:50Summary of Key Points Core Viewpoint - Inner Mongolia Boyuan Chemical Co., Ltd. has completed the repurchase and cancellation of part of its restricted stock, totaling 20,437,500 shares, which represents 0.55% of the company's total share capital before the cancellation [2][15]. Group 1: Stock Repurchase Details - The number of restricted stocks repurchased and canceled is 20,437,500 shares, reducing the total shares from 3,739,176,560 to 3,718,739,060 [2][15]. - The repurchase price for the initially granted restricted stocks is 3.36 CNY per share, while the reserved portion is repurchased at 3.40 CNY per share [2][12]. - The total amount for the repurchase is 68,743,120 CNY, sourced from the company's own funds [13]. Group 2: Incentive Plan and Approval Process - The company held board meetings on September 20, 2023, and October 16, 2023, to approve the 2023 restricted stock incentive plan and related matters [3][5]. - The plan involved granting 11,856,000 shares to 230 incentive targets at a price of 3.66 CNY per share, with the shares set to be listed on December 1, 2023 [5]. - The company has a structured process for handling changes in the status of incentive targets, including provisions for repurchase in cases of resignation or retirement [9][12]. Group 3: Impact on Shareholding Structure - Following the cancellation of the restricted stocks, the holding percentage of the controlling shareholder, Inner Mongolia Boyuan Holdings Group Co., Ltd., increased from 30.88% to 31.05% without any change in the number of shares held [20]. - This change does not trigger a mandatory tender offer and does not affect the company's control or compliance with listing requirements [20][15]. Group 4: Financial and Operational Implications - The repurchase and cancellation of restricted stocks are not expected to have a significant impact on the company's financial status or operational results [18]. - The management team remains committed to fulfilling their responsibilities and creating value for shareholders [18].