公牛集团股份有限公司 2025年第三季度报告

Core Viewpoint - The company announced the repurchase and cancellation of a total of 614,260 restricted stocks due to the loss of eligibility of 98 incentive targets who have left the company, as part of its stock incentive plans for 2023, 2024, and 2025 [30][39]. Financial Data - The company reported that the total number of shares after the repurchase will decrease from 1,808,587,688 shares to 1,807,973,428 shares, with a corresponding reduction in registered capital from 1,808,587,688 yuan to 1,807,973,428 yuan [43]. Stock Incentive Plans - The company has implemented stock incentive plans for 2023, 2024, and 2025, with specific provisions for repurchasing stocks from employees who have left the company [30][37]. - The repurchase price for the 2023 plan was adjusted from 31.62 yuan per share to 20.87 yuan per share, and for the 2024 plan from 34.92 yuan to 23.23 yuan [40]. Legal and Compliance - The company has received a legal opinion confirming that the repurchase and cancellation of restricted stocks comply with relevant laws and regulations, ensuring that the process is legitimate and valid [46].