Silvery Dragon Prestressed Materials (SH:603969) Shang Hai Zheng Quan Bao·2026-02-10 18:40Core Viewpoint - Tianjin Yinlong Group Co., Ltd. announced the repurchase and cancellation of part of the restricted stock under the 2023 and 2025 incentive plans due to the departure of certain incentive targets, resulting in a total cancellation of 57,200 shares [2][3][15]. Group 1: Reasons for Notification to Creditors - The company held a board meeting on February 10, 2026, where it approved the repurchase and cancellation of restricted stocks due to the departure of incentive targets [2][12]. - The repurchase price for the 2023 plan was adjusted to 2.27 yuan per share, while for the 2025 plan, it was set at 3.42 yuan per share [2][14]. Group 2: Details of Stock Cancellation - A total of 57,200 shares will be canceled, reducing the total number of shares from 857,344,000 to 857,286,800 [3][17]. - The company's registered capital will decrease from 857,344,000 yuan to 857,286,800 yuan following the cancellation [3][17]. Group 3: Impact on Creditors - Creditors are notified that they have 30 days from receiving the notice, or 45 days from the announcement date, to claim their debts or request guarantees [4][5]. - The company will continue the repurchase and cancellation process as per legal procedures, regardless of whether creditors exercise their rights within the specified timeframe [4][5]. Group 4: Financial Implications - The total amount paid for the repurchase of restricted stocks is 175,844 yuan, funded entirely by the company's own resources [16]. - The cancellation of the restricted stocks is not expected to have a substantial impact on the company's financial status or operational results [19][21]. Group 5: Board Committee Opinions - The Board's Compensation and Assessment Committee believes that the repurchase and cancellation of restricted stocks comply with relevant laws and regulations, and the necessary approval procedures have been followed [20][52]. - The committee concluded that the actions taken will not harm the interests of the company or its shareholders [21][52].