Zhongyan Technology (SZ:003001) Zheng Quan Zhi Xing·2025-06-29 16:06Core Viewpoint - The company has completed the repurchase and cancellation of 397,735 restricted stocks, which accounts for 0.31% of the total share capital before the cancellation, with a total repurchase amount of RMB 4,212,041.30 [1][9][13] Summary by Sections Repurchase and Cancellation Details - The company held meetings on April 16, 2025, and May 9, 2025, to approve the repurchase and cancellation of restricted stocks as part of the 2021 incentive plan [2][8] - The repurchase price for the first grant of restricted stocks was adjusted from RMB 10.852 per share to RMB 10.731 per share, and for the reserved grant from RMB 10.222 to RMB 10.101 per share [12] Reasons for Repurchase - The repurchase was due to three incentive targets leaving the company, making them ineligible under the incentive plan, leading to the cancellation of 13,544 shares [9] - The performance targets for the fourth release period were not met, necessitating the repurchase of 30,218 shares from 37 incentive targets and 88,973 shares from 9 reserved targets, totaling 397,735 shares [10][11] Financial Impact - The repurchase will not materially affect the company's financial status or operational performance, and it complies with relevant regulations [14] - After the cancellation, the total share capital will be reduced to RMB 126,334,151, representing 126,334,151 shares at RMB 1 per share [13][14] Future Arrangements - The company plans to promptly handle the registration changes and amendments to the articles of association following the repurchase [15]