LHG(SH:600186) Shang Hai Zheng Quan Bao·2025-09-16 19:00Core Viewpoint - The company announced the cancellation of stock options and the repurchase of restricted stocks due to the departure of several incentive plan participants, resulting in the cancellation of 1,032,500 stock options and the repurchase of 895,000 restricted shares [2][4][5]. Group 1: Cancellation and Repurchase Details - The cancellation and repurchase were approved during the board meetings held on June 25, 2025, in accordance with the company's stock incentive management regulations [2][4]. - A total of 1,032,500 stock options will be canceled, and 895,000 restricted shares will be repurchased, with repurchase prices set at 1.69 yuan per share for the 2023 plan and 1.62 yuan per share for the 2024 plan [6][8]. - The company has applied for the necessary procedures to complete the repurchase and cancellation by September 19, 2025 [7]. Group 2: Impact on Share Capital Structure - Following the completion of the repurchase, the total number of shares will decrease from 1,794,002,141 to 1,793,107,141 [8]. - The board confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive participants or creditors [8][9]. Group 3: Legal and Compliance - The legal opinion from Beijing King & Wood Mallesons confirmed that the company has obtained necessary approvals for the cancellation and repurchase, which aligns with the management regulations and incentive plans [9].