泰和新材集团股份有限公司第十一届董事会第十八次会议决议公告

Core Points - The company held its 18th meeting of the 11th Board of Directors on September 29, 2025, where several resolutions were passed, including the repurchase and cancellation of part of the restricted stock [1][29] - The company plans to reduce its registered capital and amend its articles of association, including the cancellation of the supervisory board, which will be replaced by the audit committee of the board [3][49] - The repurchase of 156,000 shares of restricted stock is part of the 2022 incentive plan, with the total share capital decreasing from 857,213,183 shares to 857,057,183 shares after the repurchase [27][39] Group 1 - The Board of Directors approved the repurchase and cancellation of 156,000 shares of restricted stock, which is necessary due to the departure of certain incentive plan participants [24][38] - The company will hold a temporary shareholders' meeting on October 23, 2025, to approve the resolutions passed by the Board [20][21] - The repurchase price for the restricted stock is set at 8.60 yuan per share, with the total repurchase amount estimated at approximately 1.3625 million yuan [40][41] Group 2 - The supervisory board will be abolished, and its functions will be transferred to the audit committee of the board, with relevant amendments to the articles of association [3][49] - The company will modify its governance documents to reflect the changes in the supervisory structure and ensure compliance with the new regulations [50][51] - The company expressed gratitude to the current supervisory board members for their contributions during their tenure [49]