FEIDA ENVIRO(SH:600526) Zheng Quan Zhi Xing·2025-07-21 16:14Core Viewpoint - Zhejiang Feida Environmental Technology Co., Ltd. is conducting a buyback and cancellation of part of the restricted stock from its 2023 incentive plan, along with an adjustment of the buyback price, in compliance with relevant laws and regulations [1][8]. Group 1: Approval and Authorization - The company's 2023 restricted stock incentive plan was approved by the 17th meeting of the supervisory board and subsequently submitted for shareholder approval, with independent directors expressing agreement [4][5]. - The company received approval from the Zhejiang Provincial State-owned Assets Supervision and Administration Commission for the implementation of the 2023 incentive plan [4][5]. Group 2: Buyback and Price Adjustment Details - The buyback is due to the disqualification of certain incentive recipients, including 3 individuals due to job changes and 4 who have left the company, totaling 776,500 shares to be canceled [8][10]. - A total of 31 individuals will have 1,000,300 shares of restricted stock canceled in this buyback [8][10]. - The adjusted buyback price for the restricted stock is set at 2.39 yuan per share for the first grant and 1.99 yuan per share for the reserved grant, following a cash dividend distribution [9][10]. Group 3: Funding Source - The funds for the buyback, amounting to approximately 2.41 million yuan, will be sourced entirely from the company's own funds [10].