Core Viewpoint - The company plans to repurchase and cancel a total of 3,498,600 restricted stocks that have been granted but not yet released from restrictions, adjusting the repurchase price based on previous annual profit distribution [1][2][10] Group 1: Repurchase Details - The number of restricted stocks will decrease from 1,165,722,300 to 1,162,223,700 shares [1] - The repurchase price for the restricted stocks is set at 2.34921 yuan per share, plus the interest from bank deposits [1][9] - The total amount allocated for the repurchase is 8,284,847.06 yuan, sourced from the company's own funds [9] Group 2: Reasons for Repurchase - The repurchase is due to 10 incentive targets retiring or changing positions, leading to the cancellation of 261,800 shares [2][8] - Additionally, 3,236,800 shares will be repurchased because the performance targets for the third release period were not met [2][8] Group 3: Performance Assessment - The performance assessment for the third release period was based on achieving a net asset return rate of at least 2.42% and a compound annual growth rate of net profit of at least 10% from 2019 to 2023 [8] - The actual performance showed a net profit compound growth rate of 0.01%, a net asset return rate of 1.54%, and a negative EVA for 2023 [8] Group 4: Compliance and Approval - The repurchase and cancellation of restricted stocks comply with the relevant regulations of the company's stock incentive plan and have been approved by the board and supervisory committee [10][11] - The proposal still requires approval from the company's shareholders [11]
华电科工: 华电科工:关于回购注销已获授但尚未解除限售的限制性股票及调整回购价格的公告