CH AUTO(SH:605018) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-09 23:03Group 1 - The company held its ninth meeting of the third board of directors on July 9, 2025, to discuss significant matters including the repurchase and cancellation of restricted stocks [1][5][19] - The board approved the repurchase and cancellation of a total of 1,160,000 shares of restricted stock due to one incentive object leaving the company and unmet performance targets for 2024 [19][27][34] - The repurchase price for the restricted stocks was adjusted from 8.13 yuan per share to 7.591 yuan per share based on previous profit distribution plans [2][30][34] Group 2 - Following the repurchase, the company's total share capital will decrease from 471,225,793 shares to 470,065,793 shares, and the registered capital will be reduced accordingly [9][32][38] - The company revised its articles of association to reflect the changes in registered capital and share structure [10][34] - The board and supervisory committee confirmed that the repurchase and cancellation process complies with relevant laws and regulations, ensuring no adverse impact on the company's financial status or shareholder interests [16][34][35]