重庆百货大楼股份有限公司股权激励限制性股票回购注销实施公告

Core Viewpoint - The company, Chongqing Department Store Co., Ltd., is implementing a buyback and cancellation of restricted stock due to the achievement of company-level performance targets, while individual performance assessments for some incentive recipients did not meet the "excellent" standard [1][5]. Group 1: Buyback and Cancellation Details - The decision for the buyback and cancellation was approved by the company's board and supervisory board on September 12, 2025, and was disclosed in various financial publications [2]. - The company will repurchase and cancel a total of 22,500 shares of restricted stock held by four incentive recipients whose individual performance assessments were rated as "good" [7][8]. - Following the buyback, the total number of shares will be reduced by 22,500, resulting in no remaining restricted stock that has not been released from the lock-up period [7][8]. Group 2: Performance Assessment Criteria - The performance assessment for the incentive plan spans from 2022 to 2024, with evaluations conducted annually based on two key indicators: net profit growth rate and weighted average return on equity [4][5]. - The company-level performance targets have been achieved, while individual assessments for four recipients were rated as "good," allowing for an 85% release of their restricted stock [5][6]. Group 3: Legal and Compliance Aspects - The buyback and cancellation process complies with relevant laws and regulations, including the Management Measures for Stock Incentives and the company's incentive plan [6][8]. - The company has fulfilled necessary decision-making procedures and information disclosure requirements, ensuring that the rights of incentive recipients and creditors are not harmed [8][9].