Aupu(SH:603551) Zheng Quan Zhi Xing·2025-07-10 16:21Summary of Key Points Core Viewpoint - The company plans to repurchase and cancel a total of 109,350 restricted stocks due to seven incentive recipients not meeting the 100% unlock conditions as per the 2023 Restricted Stock Incentive Plan [1][2]. Group 1: Repurchase and Cancellation Details - The decision for the repurchase and cancellation was approved during the board meeting on April 25, 2025, and the details were disclosed on April 26, 2025 [1]. - The repurchase involves seven incentive recipients whose performance evaluations did not meet the criteria for unlocking their shares [2]. - The repurchase will be executed through a dedicated securities account established with the China Securities Depository and Clearing Corporation [2]. Group 2: Share Structure Changes - After the cancellation, the total number of shares will decrease from 390,268,000 to 390,158,650, with a reduction of 109,350 shares [2]. - The number of restricted shares will change from 389,350 to 280,000, while the unrestricted shares remain unchanged at 389,878,650 [2]. Group 3: Legal Compliance and Commitments - The company assures that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive recipients or creditors [2][4]. - The company has confirmed the accuracy and completeness of the information regarding the repurchase and cancellation, and no objections have been raised by the affected incentive recipients [3][4]. - Legal opinions confirm that the repurchase and cancellation meet the necessary conditions and comply with the relevant management regulations [4].