SRBC(SH:600039) Zheng Quan Zhi Xing·2025-08-25 16:43Core Viewpoint - The company will repurchase and cancel a total of 14,448,840 restricted stocks due to certain performance conditions not being met under the 2021 incentive plan [1][2][4] Summary by Sections 1. Reasons for Repurchase and Cancellation - The repurchase and cancellation of restricted stocks are based on the failure of six incentive recipients to meet the conditions for lifting restrictions during the second release period, resulting in 105,840 shares being repurchased [1][2] - Additionally, due to unmet performance targets at the company level, 14,343,000 shares corresponding to the third release period will also be repurchased [1][2] 2. Details of the Repurchase and Cancellation - The total number of restricted stocks to be repurchased and canceled is 14,448,840 shares, involving 369 incentive recipients [3] - The repurchase process has been initiated with the China Securities Depository and Clearing Corporation Limited, and the cancellation is expected to be completed by August 28, 2025 [3] 3. Changes in Share Structure - Following the cancellation, the share structure will be as follows: - Total unrestricted circulating shares: 6,715,566,605 (unchanged) - Total restricted circulating shares: 1,994,472,880 reduced by 14,448,840 to 1,980,024,040 - Total shares before cancellation: 8,710,039,485 reduced to 8,695,590,645 [3] 4. Compliance and Commitments - The company assures that the decision-making process and information disclosure comply with relevant laws and regulations, and it commits to bearing legal responsibilities for any disputes arising from this repurchase [3][4]