Zhi Tong Cai Jing·2025-09-08 09:53Core Points - Huatai Securities announced the repurchase of restricted A-shares due to 143 incentive recipients failing to meet personal performance conditions or terminating their employment with the company [1] - A total of 438,500 restricted A-shares will be repurchased and canceled, leaving 1,060,000 restricted A-shares remaining in the incentive plan after the repurchase [1] - The repurchase and cancellation procedures have been initiated, with the expected completion date for the cancellation set for September 11, 2025 [1] Summary by Sections - Incentive Plan Conditions - The company identified 143 incentive recipients who did not fully meet personal performance criteria or had their employment terminated [1] - Repurchase Details - The company plans to repurchase a total of 438,500 restricted A-shares from the identified recipients [1] - After the repurchase, there will be 1,060,000 restricted A-shares remaining in the incentive plan [1] - Administrative Actions - The company has opened a dedicated securities account for the repurchase at the China Securities Depository and Clearing Corporation [1] - The cancellation of the repurchased shares is expected to be completed by September 11, 2025 [1]