SAC(SH:600268) Zheng Quan Zhi Xing·2025-07-22 16:04Summary of Key Points Core Viewpoint - The company, Guodian Nanjing Automation Co., Ltd., announced the repurchase and cancellation of a total of 222,784 restricted stocks due to performance assessment failures of certain incentive recipients and a transfer of one recipient to another company [1][2][3]. Group 1: Reasons for Repurchase - The repurchase involves 132,864 shares from 6 incentive recipients who received a performance grade of C, and 89,920 shares from 1 reserved recipient who was transferred to another company [1][2]. - The repurchase is in accordance with the company's stock incentive plan, which stipulates conditions under which shares can be repurchased if performance criteria are not met [3][4]. Group 2: Repurchase Details - The total number of shares being repurchased is 222,784, involving 7 individuals [4]. - The repurchase will be funded entirely from the company's own funds [4]. - The repurchase and cancellation process is expected to be completed by July 25, 2025, reducing the total share capital from 1,016,093,562 shares to 1,015,870,778 shares [4]. Group 3: Share Structure Changes - Following the repurchase, the share structure will change, with restricted shares decreasing from 5,350,767 to 5,127,983, and unrestricted shares remaining at 1,010,742,795 [4]. - The overall share count will reflect a decrease in the proportion of restricted shares from 0.53% to 0.50% [4]. Group 4: Compliance and Commitments - The company assures that all necessary procedures and disclosures have been followed in accordance with legal regulations and internal policies [5]. - The company has confirmed the accuracy and completeness of the information regarding the repurchase and has communicated this to the relevant incentive recipients [5].