R&Y(SH:603286) Xin Lang Cai Jing·2025-08-27 09:01Core Viewpoint - The company is proceeding with the repurchase and cancellation of restricted stocks and stock options as part of its 2024 incentive plan due to the departure of several incentive recipients [2][3]. Group 1: Incentive Plan Progress - The incentive plan draft was approved by the Compensation and Assessment Committee on April 19, 2024, followed by approvals from the board and supervisory committee on April 23, and the annual shareholders' meeting on May 17, 2023 [2]. - The first exercise conditions for stock options were approved by the Compensation and Assessment Committee on April 17, 2025 [2]. Group 2: Repurchase and Cancellation Details - A total of 28,000 restricted stocks and 42,500 stock options will be repurchased and canceled due to five incentive recipients leaving the company [2]. - The repurchase price is set at 9.92 yuan per share, with funding sourced from the company's own funds [2]. - This repurchase and cancellation will not affect the company's stock distribution or the implementation of the incentive plan, nor will it have a significant impact on the company's operating performance [2]. Group 3: Information Disclosure - The company will timely announce the resolutions from the board meeting and the details regarding the repurchase and cancellation of stocks and options [3]. - The legal opinion confirms that necessary approvals have been obtained, although the repurchase of restricted stocks still requires shareholder meeting approval [3].