Quechen Company(SH:605183) Shang Hai Zheng Quan Bao·2025-10-24 19:31Core Viewpoint - The company has announced changes regarding its stock incentive plan, including the repurchase and cancellation of certain restricted stocks and adjustments to the repurchase price of the stock options. Group 1: Stock Repurchase and Cancellation - The company plans to repurchase and cancel a total of 10,000 restricted stocks due to a change in personal circumstances of one of the incentive plan participants [9][29][32] - Following the repurchase, the total share capital will decrease from 415,883,145 shares to 415,873,145 shares [10][35][40] Group 2: Adjustment of Repurchase Price - The repurchase price for the 2025 restricted stock incentive plan has been adjusted from 7.94 yuan per share to 7.64 yuan per share [12][13][19] - This adjustment is based on the company's profit distribution and follows the established formula for repurchase price adjustments [17][18][21] Group 3: Financial Data and Performance - In the third quarter of 2025, the average price of silica products decreased by 4.47% compared to the previous quarter and by 6.83% year-on-year [24][25] - The procurement prices for key raw materials also saw significant changes, with soda ash prices down 12.69% quarter-on-quarter and 35.84% year-on-year, while sulfur prices increased by 94.55% year-on-year [25][26]