Huaqin Technology (SH:603296) Zheng Quan Zhi Xing·2025-08-22 09:21Core Viewpoint - The company has announced the repurchase and cancellation of certain restricted stocks as part of its 2023 incentive plan, along with an adjustment to the repurchase price due to recent profit distribution [1][4][7]. Summary by Sections 1. Approval Process and Disclosure - The company held meetings to approve the 2023 restricted stock incentive plan and related matters, with independent directors providing opinions and the supervisory board verifying the details [1][2][3]. 2. Reasons for Repurchase and Quantity - The company decided to cancel the qualifications of certain incentive recipients and repurchase a total of 8,746 restricted stocks, with a repurchase price set at the adjusted grant price [4][5]. 3. Adjustment of Repurchase Price - The repurchase price for the restricted stocks was adjusted from 28.95 CNY to 28.05 CNY per share, reflecting a dividend distribution of 0.9 CNY per share [6]. 4. Total Repurchase Amount and Source of Funds - The total payment for the repurchase is 623,719.80 CNY, funded entirely by the company's own resources. After the repurchase, the number of incentive recipients will change to 31 [6]. 5. Changes in Share Structure - Post-repurchase, the total number of shares will decrease from 1,015,754,580 to 1,015,732,344, with a corresponding change in registered capital [6]. 6. Impact on Company - The repurchase will not materially affect the company's financial status or operational results, and the management team will continue to fulfill their responsibilities [7]. 7. Opinions from Supervisory Board and Compensation Committee - The supervisory board agreed to the repurchase of 22,236 shares due to performance issues among certain incentive recipients, confirming that the process complies with relevant regulations [7][9].