Core Viewpoint - The company has completed the repurchase and cancellation of 1,161,948 restricted A-shares, which accounts for 0.01% of the total share capital before the repurchase, due to the retirement and departure of 32 incentive plan participants [2][15]. Group 1: Repurchase and Cancellation Details - The repurchase and cancellation of restricted shares were confirmed to be completed on January 15, 2026, reducing the total share capital from 9,914,086,060 shares to 9,912,924,112 shares [3][16]. - The repurchase involved 1,042,101 shares that remain restricted and 119,847 shares from the reserved grant, totaling 1,161,948 shares, which is 0.72% of the total granted under the incentive plan [15][16]. - The repurchase price for the shares was set at 2.39 CNY per share for the initial grant and 6.54 CNY for the reserved grant, with interest calculated based on the People's Bank of China's benchmark rate for 27 participants [15][16]. Group 2: Approval and Compliance - The repurchase plan was approved through various board meetings and shareholder meetings, with independent directors expressing their agreement at each stage [4][5][6]. - The repurchase complies with relevant laws, regulations, and the company's articles of association, as well as the incentive plan [2][4]. - The funding for the repurchase was sourced from the company's own funds, and the process was audited by Ernst & Young Huaming [16]
重庆长安汽车股份有限公司 关于部分限制性股票回购注销完成的公告