R&Y(SH:603286) Zheng Quan Zhi Xing·2025-08-27 09:20Core Viewpoint - Jiangsu Riying Electronics Co., Ltd. is undertaking a repurchase and cancellation of certain restricted stocks and stock options as part of its 2024 incentive plan, which has received necessary approvals and is in compliance with relevant regulations [1][5][7]. Group 1: Approval and Authorization - The repurchase and cancellation of stocks and options have been approved by the company's board and are in line with the provisions of the Management Measures and the Incentive Plan [3][5]. - The repurchase of restricted stocks requires further approval from the shareholders' meeting [7]. Group 2: Reasons for Repurchase and Cancellation - The repurchase and cancellation are due to the departure of five incentive targets, with three holding unvested restricted stocks and two holding unexercised stock options [5][6]. - The company will repurchase 28,000 restricted stocks and cancel 42,500 stock options as part of this process [6]. Group 3: Financial Details - The repurchase price for the restricted stocks is set at 9.92 yuan per share, with funding sourced from the company's own funds [6]. - The repurchase and cancellation will not affect the company's compliance with listing conditions or its operational performance [6][7]. Group 4: Information Disclosure - The company is required to disclose relevant information regarding the board's resolutions and the repurchase and cancellation process in a timely manner [7]. - The company has fulfilled its current information disclosure obligations and will continue to do so as required [7].