Highton Development(SH:603162) Xin Lang Cai Jing·2025-10-10 12:23Core Points - Fujian Haitong Development Co., Ltd. has implemented a stock repurchase and cancellation plan for restricted stocks and stock options as part of its incentive plan for 2023-2025 [1][3] Summary by Sections Approval Process of Incentive Plans - The 2023 incentive plan underwent multiple approval stages starting from the board meeting on July 27, 2023, including supervisory board meetings, public announcements, and shareholder meetings [2] - The initial registration of restricted stocks was completed on August 24 and October 13, 2023, with 3.193 million shares and 710,000 shares respectively [2] - Similar processes were followed for the 2024 and 2025 incentive plans, with key meetings held on May 21, 2024, and April 30, 2025, respectively [2] Repurchase and Cancellation of Stocks - For the 2023 incentive plan, 20,720 restricted stocks were repurchased at a price of 5.9473 CNY per share, totaling 123,200 CNY due to the departure of two incentive recipients [3] - In the 2024 incentive plan, 108,500 restricted stocks and 108,500 stock options were canceled at a repurchase price of 4.85 CNY per share, amounting to 526,225 CNY [3] - The 2025 incentive plan saw the repurchase of 280,000 restricted stocks and cancellation of 140,000 stock options at a price of 4.11 CNY per share, totaling 1,150,800 CNY [3] Compliance and Approval - The independent financial advisor confirmed that the repurchase and cancellation actions for the 2023-2025 incentive plans have received necessary approvals and comply with relevant regulations, ensuring no harm to the interests of the listed company and its shareholders [3]