CCJK(SH:600215) Shang Hai Zheng Quan Bao·2025-11-14 20:57Core Viewpoint - The company has decided to terminate its 2023 Restricted Stock Incentive Plan and will repurchase and cancel a total of 6,112,500 unvested restricted stocks due to not meeting performance targets [2][4]. Group 1: Reasons for Repurchase and Cancellation - The repurchase and cancellation of restricted stocks are based on the company's failure to meet the performance assessment targets set for the second unlock period of the incentive plan [2][4]. - The decision to terminate the incentive plan was made after careful consideration of the current macroeconomic environment and market conditions, which have significantly changed since the plan was established [4][5]. Group 2: Details of the Repurchase - The repurchase involves 34 individuals, totaling 6,112,500 shares, and after this repurchase, there will be no remaining restricted stocks [5]. - The repurchase price has been adjusted to 4.265 yuan per share, with interest from the People's Bank of China applicable to certain participants [2][3]. Group 3: Legal and Procedural Compliance - The company has followed all necessary legal procedures and disclosed information as required by laws and regulations, ensuring that the rights of the incentive recipients and creditors are not harmed [5][6]. - A legal opinion confirms that the repurchase and cancellation comply with relevant laws and regulations, and necessary procedures have been fulfilled [6].