Luxi Chemical(SZ:000830) Zheng Quan Zhi Xing·2025-07-04 16:13Core Viewpoint - The company announced the repurchase and cancellation of certain restricted stocks due to the failure to meet the conditions for the third release period of the 2021 restricted stock incentive plan [1][12][16] Group 1: Stock Incentive Plan Details - The company held board meetings to approve the 2021 restricted stock incentive plan and its amendments, with independent directors providing consent [2][4] - The plan was approved by the State-owned Assets Supervision and Administration Commission, allowing the company to implement the restricted stock incentive plan [2][3] - The initial grant date for the restricted stocks was set for May 11, 2022, with a grant price of 9.49 yuan per share for 276 eligible participants [4][5] Group 2: Repurchase and Cancellation Reasons - The company plans to repurchase and cancel a total of 585.344 million shares of restricted stock due to the failure to meet performance targets for the third release period [12][14] - The repurchase price for the first grant of 245 participants is set at 6.36 yuan per share, while for the reserved grant of 75 participants, it is 6.87 yuan per share [13][14] Group 3: Financial Impact and Approval - The total amount allocated for the repurchase of restricted stocks is approximately 37.782 million yuan, sourced from the company's own funds [14] - Following the repurchase, the total number of shares will decrease from 1,910,172,451 to 1,904,319,011, with no significant impact on the company's management stability or financial performance [15][16] - The supervisory board confirmed that the repurchase and cancellation procedures comply with relevant regulations and have received necessary approvals [16][17]