Sunner(SZ:002299) Shang Hai Zheng Quan Bao·2025-09-24 21:34Core Viewpoint - Fujian Shennong Development Co., Ltd. has completed the cancellation of 220,000 shares repurchased for the first phase of the employee stock ownership plan, reducing the total share capital from 1,243,400,295 shares to 1,243,180,295 shares, which represents a decrease of 0.0177% of the total share capital [2][8]. Summary by Sections Share Repurchase Overview - The company approved a share repurchase plan on August 2, 2021, and completed the repurchase of 5,343,100 shares by June 25, 2022, with a total transaction amount of 100,689,414.71 yuan, at prices ranging from 16.05 yuan to 19.83 yuan per share [3][4]. Employee Stock Ownership Plan - The first phase of the employee stock ownership plan was approved on July 15, 2022, with a total fundraising target of up to 53.431 million yuan, including a reserved amount of 2.2 million yuan for 220,000 shares [4]. Cancellation of Repurchased Shares - The company held meetings on October 25 and November 22, 2024, to approve the cancellation of 220,000 shares from the repurchase account, which has been confirmed by the China Securities Depository and Clearing Corporation on September 23, 2025 [7][8]. Impact on Share Capital Structure - Following the cancellation, the total number of shares will decrease to 1,243,180,295 shares, and the shareholding structure remains compliant with listing requirements, with no change in the controlling shareholder or actual controller [8].