Shennong Group(SH:605296) Zheng Quan Zhi Xing·2025-07-02 16:03Core Viewpoint - Yunnan Shennong Agricultural Industry Group Co., Ltd. is holding a shareholders' meeting on July 10, 2025, to discuss various corporate matters including the repurchase and cancellation of restricted stocks due to certain employees no longer qualifying as incentive targets and performance issues [4][6][7]. Group 1: Meeting Procedures - Shareholders must arrive 30 minutes before the meeting with necessary identification and documentation for attendance verification [1]. - Only authorized attendees such as shareholders, board members, and invited personnel are allowed in the meeting [2]. - Shareholders have the right to speak, inquire, and vote, but must register in advance for speaking [2][3]. Group 2: Voting Process - Voting will be conducted by a named ballot system, with each share representing one vote [3]. - Invalid votes will be treated as abstentions, including ballots that are improperly marked or not using the official voting tickets [3]. - Online voting is available through the Shanghai Stock Exchange's system on the meeting day [3]. Group 3: Stock Repurchase and Cancellation - The company plans to repurchase and cancel a total of 274,594 restricted stocks, which is 0.0523% of the total share capital, due to employees leaving or not meeting performance criteria [5][7]. - The repurchase price is set at 13.72 RMB per share, totaling approximately 3.7674 million RMB, funded entirely by the company's own resources [5]. - Following the repurchase, the total shares will decrease from 524,839,012 to 524,564,418, and the registered capital will be reduced accordingly [6][7]. Group 4: Amendments to Company Articles - The company will amend its articles of association to reflect changes in registered capital and total shares due to the stock repurchase [6][7]. - Specific clauses regarding registered capital and total shares will be updated, while other provisions in the articles will remain unchanged [7].