西上海: 西上海股权激励限制性股票回购注销实施公告

Core Viewpoint - The company is implementing a buyback and cancellation of restricted stock due to unmet performance targets in its 2022 stock incentive plan, resulting in a total of 722,478 shares being repurchased and canceled [1][3][4]. Group 1: Buyback and Cancellation Details - The buyback and cancellation are based on the failure to meet the performance target of a net profit growth rate of at least 33% from 2021 to 2024, with the actual net profit for 2024 being 35.0074 million yuan, a decrease of 68.66% from 2021's net profit of 102.8361 million yuan [2][3]. - The company will repurchase 522,478 shares from 16 initial incentive recipients and 200,000 shares from 10 reserved incentive recipients, totaling 722,478 shares [3][4]. - The cancellation is expected to be completed by June 20, 2025, and the company will subsequently handle the necessary capital reduction registration [4][5]. Group 2: Compliance and Legal Opinions - The company has followed all necessary decision-making procedures and disclosure requirements as per relevant laws and regulations, ensuring no harm to the rights of incentive recipients or creditors [5][6]. - The legal opinion from Beijing Yingke (Shanghai) Law Firm confirms that the buyback and cancellation process complies with applicable laws and the company's incentive plan [6].