Hopechart(SH:688288) Zheng Quan Zhi Xing·2025-07-21 16:27Core Viewpoint - The company is holding its first extraordinary general meeting of shareholders in 2025 to discuss key proposals, including changes to share repurchase purposes and capital reduction, aimed at enhancing shareholder value and maintaining investor confidence [1][8][10] Meeting Procedures - The meeting will verify the identity of attendees and require them to sign in 30 minutes prior to the start [1] - Only shareholders present at the beginning of the meeting will be allowed to vote [2] - Shareholders have the right to speak, inquire, and vote, but must register in advance to speak [2][3] - Voting will be conducted through a combination of on-site and online methods, with each share carrying one vote [3] Proposals - Proposal One: The company plans to increase its registered capital from 100,643,920 yuan to 101,043,920 yuan following the completion of the second vesting period of its 2022 restricted stock incentive plan [6] - Proposal Two: The company intends to change the purpose of its share repurchase, with all 1,230,216 shares being repurchased for cancellation to reduce registered capital [7][8] Share Repurchase Details - Prior to the change, 246,043 shares were intended for employee stock ownership plans, and 984,173 shares were for maintaining company value [8] - After the change, the total number of shares will decrease from 101,043,920 to 99,813,704, representing a reduction of 1.2175% of the total share capital [9][10] - The decision to cancel shares is expected to enhance earnings per share and improve shareholder returns without adversely affecting the company's financial condition or debt servicing ability [9][10]