Warom Incorporated(SH:603855) Zheng Quan Zhi Xing·2025-08-29 16:51Core Points - The company, Huaron Technology Co., Ltd., has decided to repurchase and cancel a portion of its restricted stock and adjust the repurchase price as part of its 2023 restricted stock incentive plan [1][4][10] Group 1: Legal Framework and Approvals - The repurchase and price adjustment have been authorized by the company's board and supervisory board during meetings held on October 13, 2023, and August 27, 2025, respectively [2][4] - The legal opinions are based on compliance with the Company Law, Securities Law, and relevant regulations governing stock incentive plans [2][4] Group 2: Reasons for Repurchase - The repurchase is due to changes in the status of three incentive recipients: two left the company voluntarily, and one passed away, resulting in a total of 18,000 shares being subject to repurchase [6][7] Group 3: Repurchase Details - The total number of shares to be repurchased is 18,000, with the repurchase price adjusted from 11.50 RMB per share to 9.50 RMB per share following cash dividend distributions [10][8] - The company will use its own funds for the repurchase [10] Group 4: Compliance and Next Steps - The company must fulfill information disclosure obligations and complete necessary procedures for share cancellation and capital reduction as per regulatory requirements [10][11]