R&Y(SH:603286) Zheng Quan Zhi Xing·2025-08-27 09:20Core Viewpoint - Jiangsu Riying Electronics Co., Ltd. announced the repurchase and cancellation of certain restricted stocks and stock options due to the departure of some incentive targets, in accordance with the relevant provisions of the company's incentive plan [1][5]. Decision-Making Process - The decision to repurchase and cancel stocks was approved during the fifth board meeting on August 27, 2025, following the necessary procedures and internal disclosures [1][2]. - The supervisory board did not receive any objections regarding the incentive plan during the public notice period [2]. Repurchase/Cancelation Details - The repurchase involves a total of 28,000 restricted stocks and 42,500 stock options [5]. - The repurchase price for the restricted stocks is set at 9.92 yuan per share, with a total repurchase fund of approximately 277,760 yuan sourced entirely from the company's own funds [5][6]. Impact on Share Structure - After the repurchase and cancellation, the total number of restricted shares will decrease from 117,423,931 to 117,395,931, maintaining compliance with listing requirements [7]. Legal Opinion - The legal opinion confirms that the repurchase and cancellation have received the necessary approvals and are in compliance with relevant regulations, ensuring that the company's stock distribution remains within listing conditions and does not significantly impact operational performance [6][8].