醋化股份: 关于2022年股权激励计划股票期权注销完成及限制性股票回购注销实施暨股份变动的公告

Core Viewpoint - The company has completed the cancellation of stock options and the repurchase of restricted stocks due to unmet performance targets in the second vesting period of the stock incentive plan, resulting in a total of 2,901,000 stock options and restricted stocks being canceled and repurchased [1][2][3]. Group 1: Reasons for Cancellation and Repurchase - The cancellation of stock options and repurchase of restricted stocks were due to the company's failure to meet performance assessment requirements for the second vesting period, as verified by the audit reports [2][3]. - A total of 1,934,000 stock options and 1,934,000 restricted stocks were canceled, along with an additional 967,000 stock options and 967,000 restricted stocks related to the third vesting period [1][2]. Group 2: Details of the Cancellation and Repurchase - The decision to terminate the stock incentive plan and cancel the stock options was approved at the company's annual general meeting held on May 20, 2025 [1]. - The repurchase price for the restricted stocks was set at 9.84 yuan per share, plus accrued interest [1][2]. - The total number of repurchased and canceled restricted stocks amounts to 2,901,000 shares, with the completion of the cancellation expected by July 28, 2025 [4][5]. Group 3: Changes in Share Structure - Following the cancellation of stock options and repurchase of restricted stocks, the company's total share capital will decrease from 207,381,000 shares to 204,480,000 shares [4][5]. - The cancellation of stock options will not impact the company's share capital as they were not exercised [4]. Group 4: Legal Compliance and Commitments - The company has confirmed that all necessary approvals and disclosures have been made in accordance with legal regulations and internal policies regarding the stock incentive plan [6]. - The company has committed to handling any potential disputes arising from the repurchase and cancellation of stocks and will bear any related legal responsibilities [6].