Core Viewpoint - Zhejiang Liziyuan Food Co., Ltd. announced the repurchase and cancellation of 4.33 million shares from its 2024 employee stock ownership plan due to 35 participants leaving the company and unmet performance targets for the first unlock period [1][3][9] Group 1: Reasons for Repurchase and Cancellation - The repurchase is due to 35 participants leaving the company, resulting in the cancellation of 602,000 shares at a price of 7.50 yuan per share [3][5] - The first unlock period's performance targets were not met, leading to the cancellation of 3.73 million shares, also at 7.50 yuan per share [3][4] Group 2: Details of the Repurchase - The total number of shares to be repurchased and canceled is 4.33 million, involving 291 individuals, including the 35 departed employees [5][6] - The repurchase application has been submitted to the China Securities Depository and Clearing Corporation, with an expected completion date of July 31, 2025 [6] Group 3: Impact on Company Structure - Following the repurchase, the company's total share capital will change to 390,101,844 shares [8] - The repurchase will not materially affect the company's financial status, operational results, or debt repayment capabilities [9]
浙江李子园食品股份有限公司关于2024年员工持股计划部分股份回购注销实施公告