Zheng Quan Zhi Xing·2025-08-26 16:35Core Viewpoint - Qingdao Beer Co., Ltd. has announced the repurchase and cancellation of a portion of A-share restricted stocks due to a change in the personal circumstances of one incentive object, which triggered the repurchase conditions outlined in the incentive plan [1][3][6] Group 1: Decision Process and Disclosure - The decision to repurchase and cancel the restricted stocks was approved by the company's board of directors and has undergone necessary information disclosure procedures [2][3] - The independent directors and the supervisory board have provided their consent and verification opinions regarding the incentive plan and the repurchase [2][3] Group 2: Repurchase Details - The company plans to repurchase a total of 1,667 shares, which accounts for approximately 0.0001% of the total share capital before the repurchase [4] - The repurchase will be funded entirely from the company's own funds, and the repurchase price has been adjusted from 21.18 RMB per share to 13.33 RMB per share based on the lower of the grant price and market price at the time of repurchase [4][5] Group 3: Impact on Share Capital Structure - Following the repurchase, the share capital structure will change, resulting in zero restricted shares and maintaining the total number of unrestricted shares at 1,364,195,121 [4][6] Group 4: Financial Impact - The repurchase and cancellation of the restricted stocks will not have a substantial impact on the company's financial status or operating results [6] Group 5: Future Arrangements - The company will proceed with the necessary procedures for the repurchase and cancellation in accordance with regulations and will fulfill its information disclosure obligations [6][7] Group 6: Committee and Legal Opinions - The Nomination and Remuneration Committee has deemed the repurchase in compliance with relevant regulations and not detrimental to the interests of the company and its shareholders [6][7] - Legal opinions confirm that the repurchase has obtained the necessary authorizations and approvals, aligning with the incentive plan and relevant regulations [7]