NEWAY(SH:603699) Shang Hai Zheng Quan Bao·2025-10-08 18:19Meeting Overview - The fifth meeting of the Supervisory Board of Suzhou Neway Valve Co., Ltd. was held on September 30, 2025, with all three supervisors present, confirming compliance with legal and regulatory requirements [2][4]. Resolutions Passed - The Supervisory Board approved the achievement of the first unlock conditions for the reserved grant portion of the 2023 restricted stock incentive plan, allowing 12 eligible individuals to unlock a total of 225,297 shares, representing 0.03% of the company's total share capital [3][17]. - The Board also approved the repurchase and cancellation of 4,210 shares of restricted stock from three individuals due to performance evaluations, adjusting the repurchase price from 6.81 yuan to 5.29 yuan per share [5][51]. - A proposal for external investment in a casting project and the relocation of a subsidiary was also approved, pending further review at the upcoming shareholder meeting [7][45]. Shareholder Meeting Notification - The company announced the fourth extraordinary general meeting of shareholders to be held on October 17, 2025, with both on-site and online voting options available [26][27].