Liaoning Dingjide Petrochemical (SH:603255) Shang Hai Zheng Quan Bao·2025-11-16 18:38Core Viewpoint - The company, Liaoning Dingjide Petrochemical Co., Ltd., has announced the repurchase and cancellation of 20,000 restricted stocks due to the termination of employment with one of the incentive plan participants [2][5]. Summary by Sections Repurchase and Cancellation Reasons - The repurchase of restricted stocks is based on the company's stock incentive management regulations, following the termination of employment with one incentive plan participant [2][4]. - The repurchase price is set at 18.154 yuan per share [2]. Decision and Disclosure Process - The decision for the repurchase was approved in meetings held on August 13, 2025, by the board and supervisory committee [3]. - The third extraordinary general meeting of shareholders on September 1, 2025, also approved the repurchase [3]. Repurchase Details - The repurchase involves one incentive participant and a total of 20,000 restricted stocks [5]. - The company has opened a special securities account for the repurchase and expects to complete the cancellation by November 19, 2025 [5]. Changes in Share Capital Structure - The announcement includes details on the changes in the company's share capital structure following the repurchase [5][6]. Compliance and Commitments - The board confirms that the decision-making process and disclosures comply with relevant laws and regulations, ensuring no harm to the rights of the incentive participants or creditors [7]. - The company has verified the accuracy of the information regarding the repurchase and has informed the relevant participants [7]. Legal Opinions - Legal opinions confirm that the repurchase has received necessary approvals and complies with applicable laws and regulations [8].