Core Viewpoint - Guangdong Feinan Resource Utilization Co., Ltd. has completed the repurchase and cancellation of certain restricted stocks, involving 241 incentive objects and a total of 989,086 shares, which accounts for 0.1757% of the company's total share capital before the repurchase [2][12]. Summary by Sections Repurchase and Cancellation Details - The repurchase involved 989,086 restricted shares, reducing the total share capital from 562,941,089 shares to 561,952,003 shares [2][14]. - The repurchase was completed on November 6, 2025, after the necessary procedures were carried out at the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. [2][13]. Reasons for Repurchase - The repurchase was due to the failure to meet performance assessment targets and the departure of some incentive objects, leading to the need to cancel 648,210 shares that had not yet been released from restrictions [7][8]. - An additional 58,280 shares were repurchased due to the termination of labor relations with certain incentive objects [8]. Adjustments to Repurchase Price and Quantity - The repurchase price was adjusted to 6.08 yuan per share, based on the company's capital reserve transfer and cash dividend distribution [11]. - The total number of shares to be repurchased was adjusted from 706,490 to 989,086 shares due to the capital reserve transfer ratio of 0.4 [12]. Financial Impact - The total amount for the repurchase was approximately 6.01 million yuan, funded by the company's own resources [12]. - The repurchase and cancellation of shares will not significantly impact the company's financial status or operating performance [14].
广东飞南资源利用股份有限公司关于部分限制性股票回购注销完成的公告