E-Soul(SH:603258) Xin Lang Zheng Quan·2025-10-19 07:59Core Points - The company announced the repurchase and cancellation of 119,000 restricted stocks from five employees who are no longer eligible for the incentive plan due to their departure [1][3]. Decision-Making Process - On March 27, 2024, the company held its 22nd meeting of the fourth board of directors, where multiple proposals related to the 2024 restricted stock incentive plan were approved [2] - The 2023 annual shareholders' meeting on April 25, 2024, further approved the relevant proposals and authorized the board to handle related matters [2] - On August 28, 2025, the company convened its fifth board and supervisory board meetings, both of which approved the proposal for the repurchase and cancellation of the restricted stocks [2] Reasons and Basis for Repurchase - According to the company's incentive plan, if an incentive recipient leaves due to resignation, layoffs, or contract expiration, their granted but unvested restricted stocks cannot be released and must be repurchased by the company at the grant price [3] - The five individuals involved are no longer eligible for the incentive due to their departure, prompting the repurchase of their restricted stocks [3] Repurchase Arrangement - The company has opened a dedicated securities account for the repurchase at the Shanghai branch of China Securities Depository and Clearing Corporation Limited and submitted the necessary applications [4] - The cancellation of the restricted stocks is expected to be completed by October 22, 2025, with subsequent legal procedures for capital change registration to be handled [4] - Legal opinions confirm that the company has fulfilled necessary decision-making and disclosure requirements, and the repurchase complies with relevant laws and regulations [4]