CNGR(SZ:300919) Shang Hai Zheng Quan Bao·2025-07-03 19:06Core Viewpoint - The company has completed the repurchase and cancellation of 1,840,211 restricted stocks as part of its 2022 stock incentive plan, affecting 698 incentive targets, with a total repurchase amount of approximately 86.33 million yuan [2][9][15]. Group 1: Repurchase Details - The total number of restricted stocks repurchased and canceled is 184,021.1 shares, accounting for 0.20% of the company's total share capital before the repurchase [2][9]. - The repurchase price for the restricted stocks was adjusted to 46.913 yuan per share, based on the granting price plus interest from bank deposits [9][12]. - The total funds used for the repurchase amounted to 86,329,818.62 yuan, sourced from the company's own funds [12][15]. Group 2: Reasons for Repurchase - The repurchase was necessitated by the departure of 91 incentive targets and the failure of 606 targets to meet personal assessment goals for 2024, leading to the cancellation of their unvested restricted stocks [9][11]. - The repurchase also included stocks from one individual who became a supervisor and thus no longer qualified as an incentive target [9][11]. Group 3: Approval and Completion Process - The repurchase and cancellation process was approved by the company's board and supervisory committee, with independent directors providing consent [4][7]. - The completion of the repurchase was confirmed by the China Securities Depository and Clearing Corporation on July 2, 2025, resulting in a reduction of the company's total share capital from 937,089,814 shares to 935,249,603 shares [15][14]. Group 4: Impact on Company - The repurchase of restricted stocks is not expected to significantly impact the company's financial status or operational performance, and it will be accounted for according to relevant accounting standards [15].