Eurocrane(SH:603966) Zheng Quan Zhi Xing·2025-08-21 10:19Core Viewpoint - The company announced the cancellation of stock options and the repurchase of restricted stocks due to the departure of four incentive targets, which is in accordance with its stock incentive plan and relevant regulations [1][8][9]. Summary by Sections Stock Options and Restricted Stocks - The number of stock options canceled is 123,200 [1][8]. - The number of restricted stocks repurchased and canceled is 29,750 shares [1][8]. - The repurchase price for the restricted stocks is set at 3.70 yuan per share [8]. Decision-Making Process - The decision was made during the fifth board meeting held on August 21, 2025, where the relevant proposals were reviewed and approved [1][8]. - The supervisory board also reviewed and approved the proposals related to the stock option and restricted stock incentive plan [2][9]. Impact on Share Structure - Before the cancellation, the number of restricted shares was 978,600, which will decrease to 948,850 after the repurchase [8]. - The total share capital will decrease from 398,700,736 shares to 398,670,986 shares following the cancellation [8]. Compliance and Legal Opinions - The supervisory board confirmed that the cancellation of stock options and repurchase of restricted stocks complies with relevant laws and regulations, and the decision-making process was legal and compliant [9]. - The legal opinion from the law firm confirmed that the company followed necessary procedures for the adjustment and cancellation of the incentive plan [10].