YUNNEI POWER(SZ:000903) Xin Lang Cai Jing·2025-08-26 12:52Group 1 - The core point of the article is that Kunming Yunnei Power Co., Ltd. has announced the repurchase and cancellation of certain restricted stocks from its 2022 incentive plan due to adjustments based on the actual situation of the incentive targets [1][3]. Group 2 - The background of the repurchase includes the initiation of the 2022 restricted stock incentive plan in September 2022, which involved multiple approvals and culminated in the granting of 50,539,209 shares at a price of 1.54 yuan per share [2]. - The repurchase was approved by the company's board and supervisory board, but it still requires approval from the shareholders' meeting and must follow the necessary procedures for capital reduction [2][3]. Group 3 - The specific reasons for the repurchase include one incentive target retiring and losing eligibility for 78,000 shares, and another target failing to meet the conditions for the second lock-up period, leading to the cancellation of 39,000 shares [3]. - The total number of shares being repurchased is 117,000, which represents 0.0060% of the company's total share capital [3]. - The repurchase price for the retired target's shares will be based on the grant price of 1.54 yuan per share plus applicable interest, while the other target's shares will also be repurchased at the grant price of 1.54 yuan per share, which is lower than the average trading price of 3.15 yuan per share prior to the board's announcement [3]. - The total funds allocated for this repurchase amount to 180,180.00 yuan, sourced from the company's own funds [3].