麦迪科技终止员工持股计划并变更回购股份用途

Core Viewpoint - The company, Madi Technology (603990), has announced the termination of its fourth employee stock ownership plan and will change the use of repurchased shares to cancellation in order to reduce registered capital and enhance per-share earnings, thereby boosting investor confidence [1][2]. Group 1: Recent Events - The company has decided to terminate the fourth employee stock ownership plan ahead of schedule, which was originally intended to raise a maximum of 7.6345 million yuan, corresponding to 1.0373 million shares (accounting for 0.34% of the total share capital) [2]. Group 2: Company Status - The purpose of the repurchased 1.0373 million shares will be changed from "for employee stock ownership plan" to "cancellation and reduction of registered capital," resulting in a decrease of total share capital from 306 million shares to 305 million shares [3]. - The aforementioned matters will require approval at the shareholders' meeting before implementation, with the specific timing to be announced later. If approved, the changes in share structure will be finalized by the China Securities Depository and Clearing Corporation [4].