潮宏基：公司控股子公司终止股权激励暨关联交易

Core Viewpoint - The company has approved the proposal to terminate the equity incentive plan for its subsidiary, Guangdong Fianyi Leather Co., Ltd., and to repurchase 7% of the shares held by all incentive recipients except Lin Binsheng, which is deemed necessary considering the current market environment and the company's development needs [1] Summary by Relevant Sections - Equity Incentive Termination The subsidiary, Fianyi, plans to terminate its equity incentive program, which reflects a careful consideration of the program's objectives and the current market conditions [1] - Share Repurchase Fianyi will repurchase 7% of its shares from incentive recipients, excluding Lin Binsheng, as part of the associated transaction [1] - Compliance and Fairness The transaction pricing is voluntary, reasonable, and fair, ensuring that the interests of the company and its shareholders, particularly minority shareholders, are not harmed, and it complies with relevant laws and regulations as well as the company's articles of association [1]