ZMD(SH:688636) Zheng Quan Zhi Xing·2025-08-27 09:20Core Viewpoint - The company has decided to repurchase and cancel a portion of restricted stock due to unmet performance criteria in the 2023 incentive plan, affecting 89,266 shares at a repurchase price of 10.2376 yuan per share [1][2][4]. Group 1: Decision and Disclosure - The decision for the stock repurchase was approved during the board meeting on June 16, 2025, and the first extraordinary shareholders' meeting on July 2, 2025 [1]. - The company disclosed the repurchase details on June 17, 2025, including the adjusted number of shares and repurchase price [1][2]. Group 2: Repurchase Details - The repurchase is based on the failure to meet performance conditions set in the 2023 incentive plan, leading to the cancellation of the first category of restricted stock [2][4]. - The repurchase involves 89,266 shares, which is approximately 0.0532% of the company's total share capital, and affects five incentive recipients [2][3]. Group 3: Share Structure Changes - Following the repurchase and cancellation, the company's share structure will reflect a reduction in restricted shares, with the total shares outstanding adjusted accordingly [3][5]. Group 4: Compliance and Commitments - The company confirms that the repurchase process complies with relevant laws and regulations, ensuring no harm to the rights of incentive recipients or creditors [5][6]. - The company has committed to transparency and has not received objections from the affected incentive recipients regarding the repurchase [5].