Core Viewpoint - The company has approved the repurchase and cancellation of a total of 346,000 restricted shares due to the departure of certain incentive plan participants, which affects both the 2024 and 2025 stock option and restricted stock incentive plans [1][2]. Group 1: Repurchase and Cancellation Details - The company held its 33rd meeting of the fourth board of directors on November 28, 2025, where it approved the repurchase and cancellation of restricted shares and stock options [1]. - A total of 196,000 shares from the 2024 incentive plan and 150,000 shares from the 2025 incentive plan will be repurchased and canceled [1]. - The repurchase is due to two participants from the 2024 plan and one participant from the 2025 plan no longer qualifying as incentive targets due to personal reasons [2][3]. Group 2: Remaining Shares After Repurchase - After the repurchase, there will be 5,019,000 restricted shares remaining from the 2024 incentive plan and 8,295,000 restricted shares remaining from the 2025 incentive plan [3][4]. - The total number of shares will decrease from 928,243,808 to 927,897,808 after the cancellation [5]. Group 3: Shareholder Structure Changes - The controlling shareholder, Mr. Zeng Erbin, and his concerted actors will maintain their shareholding at 633,466,716 shares, which will increase their ownership percentage from 68.24% to 68.27% post-repurchase [5]. Group 4: Compliance and Legal Opinions - The board of directors confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of incentive targets or creditors [6]. - The legal opinion from Beijing Kangda Law Firm states that the repurchase and cancellation of shares comply with the Company Law and Securities Law, and do not harm the interests of the company or its shareholders [7].
福建海通发展股份有限公司 关于部分限制性股票回购注销实施公告