Leascend(SZ:300051) Zheng Quan Zhi Xing·2025-08-05 16:20Core Viewpoint - The company announced the repurchase and cancellation of 119,000 restricted stocks from 11 former incentive targets who no longer meet the eligibility criteria due to their resignation, in accordance with the 2024 Restricted Stock Incentive Plan [1][8][9] Summary by Sections 1. Approval Process of the Incentive Plan - The company held several meetings to review and approve the 2024 Restricted Stock Incentive Plan and its related management measures, with necessary reports from legal and financial advisors [2][3][4][6] 2. Repurchase and Cancellation Details - The repurchase price for the restricted stocks is set at 4.33 yuan per share plus interest from bank deposits, totaling 515,270.00 yuan [8] - The total number of shares to be repurchased is 119,000, which will reduce the total share capital from 372,136,690 shares to 372,017,690 shares [8][9] 3. Impact on Financials - The repurchase will reverse some previously accrued stock payment expenses, but it is not expected to materially affect the company's operating performance or financial condition [9] 4. Supervisory Board Opinion - The supervisory board supports the repurchase and cancellation of the restricted stocks, confirming compliance with relevant regulations and that it does not harm the interests of the company or its shareholders [9][10] 5. Legal Opinion - The legal firm confirmed that the company has obtained necessary approvals for the repurchase and must continue to fulfill disclosure obligations, with the repurchase subject to shareholder approval [10]