CCA(SH:603100) Zheng Quan Zhi Xing·2025-06-09 13:44Core Viewpoint - The company, Chongqing Chuan Yi Automation Co., Ltd., has announced the cancellation of 45,000 repurchased shares, reducing its total share capital from 513,246,484 shares to 513,201,484 shares, effective June 10, 2025 [1][3]. Group 1: Share Repurchase Implementation and Usage - The board of directors approved a share repurchase plan to use self-owned funds for repurchasing shares through centralized bidding, aimed at implementing equity incentives [1][2]. - As of the announcement date, the company has utilized 3,905,000 shares from the repurchase account for the 2022 restricted stock incentive plan, leaving 45,000 shares unused [2]. Group 2: Procedures for Share Cancellation - The second extraordinary general meeting of shareholders approved the change of purpose for the 45,000 unused repurchased shares from "for equity incentives" to "for cancellation and corresponding reduction of registered capital" [2][3]. - The company has submitted the application for share cancellation to the Shanghai Stock Exchange, with the cancellation date set for June 10, 2025, in compliance with legal requirements [3]. Group 3: Changes in Share Capital Structure - The share capital structure before and after the cancellation is as follows: - Restricted circulating shares: 3,200,925 (unchanged) - Unrestricted circulating shares: 510,045,559 (decreased by 45,000 to 510,000,559) - Total shares: 513,246,484 (decreased by 45,000 to 513,201,484) [4]. Group 4: Impact of Share Cancellation - The share cancellation has followed all necessary legal and regulatory procedures and will not significantly impact the company's financial status or operating results [5]. - The cancellation does not harm the interests of the company or its shareholders, particularly minority investors, and will not lead to changes in the controlling shareholder or actual controller [5].