Huatong Meat(SZ:002840) Shang Hai Zheng Quan Bao·2025-11-17 19:14Core Viewpoint - Zhejiang Huaton Meat Products Co., Ltd. has completed the repurchase and cancellation of a portion of restricted stocks due to unmet performance targets, affecting the company's total share capital and stock structure [2][11][16]. Summary by Sections Stock Repurchase and Cancellation - The company repurchased and canceled 2,896,500 shares of restricted stock, which is 0.36% of the total share capital before the cancellation [2][15]. - The repurchase included 2,367,000 shares from the initial grant of the 2022 restricted stock incentive plan at a price of 8.53 CNY per share plus interest, and 529,500 shares from the reserved grant at a price of 7.30 CNY per share plus interest [2][13]. Approval and Disclosure Process - The company followed the necessary approval procedures for the incentive plan, including board and supervisory committee meetings, and public disclosures regarding the incentive objects [4][5][6]. - The company conducted internal announcements and received no objections during the public notice period [4][7]. Financial Details - The total amount paid for the repurchase was approximately 24,877,500.04 CNY, funded entirely by the company's own resources [13][14]. - The company’s total share capital decreased from 805,062,893 shares to 802,166,393 shares following the cancellation [15]. Impact on Company - The cancellation of the restricted stocks is not expected to significantly impact the company's financial status or operational results, nor will it affect the management team's motivation and stability [16].