紫燕食品: 紫燕食品股权激励限制性股票回购注销实施公告

Summary of Key Points Core Viewpoint - The company, Shanghai Ziyan Food Co., Ltd., announced the repurchase and cancellation of 746,750 restricted stocks due to the departure of five incentive targets and the failure to meet performance targets for the first release period of the 2024 restricted stock incentive plan [1][2][3]. Group 1: Reasons for Repurchase and Cancellation - The repurchase and cancellation of restricted stocks were necessitated by the departure of five incentive targets who no longer qualified for the incentive program [3]. - The company did not meet the performance assessment targets for the first release period, with a revenue growth rate of -5.28% and a net profit growth rate of 4.88%, resulting in a 0% release ratio for the incentive stocks [4][5]. Group 2: Details of the Repurchase and Cancellation - A total of 173 incentive targets are involved in this repurchase, with 746,750 stocks to be canceled, of which a portion is due to unmet performance targets [4][5]. - The company has set up a dedicated securities account for the repurchase and expects the cancellation to be completed by June 19, 2025, reducing the total share capital from 414,260,500 shares to 413,513,750 shares [5]. Group 3: Company Commitments and Legal Compliance - The company assures that the decision-making process and information disclosure regarding the repurchase comply with relevant laws and regulations, and there are no violations of the rights of incentive targets or creditors [6]. - The legal opinion confirms that the repurchase and cancellation process has followed necessary procedures and is in accordance with the company's incentive plan and applicable regulations [6].