XYGF(SZ:300159) Zheng Quan Zhi Xing·2025-07-21 16:13Core Viewpoint - The company has completed the repurchase and cancellation of part of the restricted stock under the 2023 incentive plan due to performance assessment failures and employee departures [1][4][9] Group 1: Repurchase and Cancellation Details - A total of 6,320,000 shares of the first category of restricted stock were repurchased and canceled, which includes 5,320,000 shares due to performance assessment failures and 1,000,000 shares due to employee departures [1][4] - The total amount for the repurchase of the restricted stock is RMB 9,152,000 [1][4] - The repurchase price for the restricted stock is set at RMB 1.42 per share plus the interest from the People's Bank of China [1][4][6] Group 2: Performance Assessment Criteria - The performance assessment for the first unlock period requires a net profit of no less than RMB 30 million for 2024, with subsequent years requiring RMB 35 million for 2025 and RMB 41 million for 2026 [4][5] - The company did not meet the performance criteria for 2024, leading to the repurchase of the restricted stock [5][9] Group 3: Corporate Governance and Procedures - The company held multiple board and supervisory meetings to approve the incentive plan and the repurchase of restricted stock, ensuring compliance with internal governance procedures [2][3][4] - The company publicly disclosed the list of incentive objects and received no objections during the public notice period [2][3] Group 4: Financial Impact and Capital Structure - The repurchase and cancellation of the restricted stock will not have a significant impact on the company's financial status or operational results [9] - Following the repurchase, the company's total registered capital will be RMB 1,495,645,923, with changes in the share structure detailed [8][9]