ZOY(SH:603709) Shang Hai Zheng Quan Bao·2025-10-28 20:36Core Viewpoint - The company announced the repurchase and cancellation of 94,300 restricted stocks due to the departure of five incentive targets, which resulted in their loss of eligibility under the 2024 Restricted Stock Incentive Plan [2][6]. Summary by Sections Decision and Disclosure - The decision for the repurchase and cancellation of restricted stocks was approved in two board meetings held on July 7 and August 27, 2025 [3][6]. - The company disclosed the repurchase plan and creditor notification on July 8 and August 28, 2025, respectively, with no objections received from creditors during the public notice period [4][6]. Repurchase Details - The repurchase involves five incentive targets, totaling 94,300 restricted stocks, which will be canceled after the repurchase [6][7]. - Following the cancellation, the remaining restricted stocks will amount to 967,930 shares [6]. Legal Compliance - The company confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive targets or creditors [7][8]. - A legal opinion from Zhejiang Tian Ce Law Firm affirmed that the repurchase and cancellation process adheres to applicable laws and regulations [8].